Las Margaritas De Santa Catarina Group
In order to increase business capital she decided to organize a group of women who do different productive activities: raising livestock, merchandise sales, basket weaving. The loan they are requesting will be used to buy pigs and chickens since this is Gerónima’s line of work. In the future they hope to have more pigs and chickens because this will make her production yield higher profits so that she can improve her profits and her family’s living condition.
Con el fin D. aumentar capital D. negocio, deciD. organizar un gurupo D. señoras la cuales realizan diefrentes actividades productivas: crianza D. animales, venta D. mercería, y la elaboración D. canastas. El préstamos que solicitan lo utilizarán para comprar cerdos y gallinas ya que es la labor que realiza doña Geronima, en el futuro esperan tener mas cerdos y mas gallinas, ya que esto hará que su producción genere mas ganancias y D. esta manera mejorar sus ganancias y la condició D. vida D. sus familias.
About Asociación ASDIRASDIR (Asociación de Desarrollo Integral Rural - Association for the Development of Rural Communities) is a community-based organization that works to promote development in the villages and communities where it serves. It was founded in 1999 in the village of Nimasac, Totonicapán Department, by a handful of local men and women to support community projects and group loans. Today ASDIR has 5 offices across 3 departments (Totonicapán, Sololá and Suchitepéquez) serving more than 6,000 clients, most of them in rural communities.
This is a Group Loan
In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.
Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.
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Success!! The loan was 100% repaid