- PhilippinesServicesFunding via Community Economic Ventures, Inc. (CEVI), a partner of VisionFund International
- ArmeniaAgricultureFunding via Nor Horizon Universal Credit Organization Limited Liability Company
- CambodiaHousingFunding via Hattha Kaksekar Limited (HKL), a partner of Save the Children
Las Aguilas Group
She’s put together a group so that they can request a loan and use it to buy different colored threads to expand her blouse production. She hopes that she will be able to have more employees and better capital in the future. The other women also embroider, weave, are merchants, and raise livestock.
Organiza un grupo para solicitar un préstamo que lo utilizará para la compra D. hilos D. diferentes colores, y ampliar su producción D. blusas, espera en el futuro contar con operarias y mejor capital. Las demás integrantes se dedica al bordado, tejeduría, comercio, 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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