Olga Marina is married, 30 years old, and studied through the 6th year of primary school. She has 3 children, two of whom are in school. She takes care of household duties just as she takes care of her business. She has 8 years of experience being a storekeeper, starting her business with little capital and the help of her husband. She organized a group to be able to request a loan that will help her purchase different kinds of clothing: jackets, sweatshirts, t-shirts, blouses, lingerie, scarves, sweaters for women, and more. In the future, she hopes to have a large business with a varied selection. The rest of the members of the group work in business, including a store of everyday goods, ice cream sales, and raising animals.
La señora Olga Marina es casada, tiene 30 años de edad, cursó el sexto años de educación primaria, tiene 3 hijos 2 de los cuales están estudiando, se dedica a los oficios de casa como al comercio, lleva 8 años de experiencia de ser comerciante iniciando su negocio con poco capital y la ayuda de su esposo. Organiza un grupo para poder solicitar un préstamo que le servirá para la compra de ropa de diferentes clases: chumpas, sudaderos, playeras, camisas, lencería, bufandas, suéteres para damas y otros más. Espera en el futuro tener un negocio grande y surtido. Las demás integrantes del grupo se dedican al comercio, tienda de consumo diario, venta de helados y a la crianza de animales.
About Asociación ASDIR
ASDIR (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.