Maria decided to form a group so that she could request a loan that she would use to expand her business capital. She will buy more products such as water, soda, juice, canned food, noodles, candies, water, sweet treats, dairy products (cheese and milk) and other products. She would like to improve and better stock her store. The other members of this group work in different business activities such as selling food and basic household products, selling traditional clothing, selling school supplies, making pants and skirts, and raising animals.
DeciD. organizar un grupo para poder solicitar un préstamo que le servirá para ampliar su capital del negocio que tiene, va a comprar más producto: aguas gaseosas, jugos, comida enlatada, fideos, golosinas, agua pura, dulces, productos lácteos como queso y leche y entres otros productos, ya que quiere que su tienda se mejor y surtido. Las demás integrantes del grupo se dedica a diversas actividades productivas: venta D. alientos, consumo diario, vena D. ropa típica, venta e útiles escolares, confección D. pants, faldas y a la crianza D. animales.
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