Banco Comunal Iii Group
She organized a group and they are requesting a loan to use as capital to purchase seep for resale and to earn a profit. In the future, she hopes to expand her business and own a vehicle to transport her livestock to sell out of other locations.
The other members of the group make a living by selling rams, vegetables, snacks, and other general items.
Organiza un grupo y solicitan un crédito para utilizarlo como capital de trabajo, en la compra de ovejas para su posterior reventas y obtener ganancias, espera en el futuro expandir su negocio y tener un vehículo propio para transporta su ganado, y vender en otras plazas. Las demás integrantes se dedican a la venta de carneros, venta de verduras, venta de refacciones, y la atención atienda en general.
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