Libertad De San Francisco Group
She has 12 years of experience making pants and sports uniforms. She began this work as a seamstress for a neighbor. She counts on the support of her husband who works in road maintenance for the State.
She is organizing a group to request a loan to purchase fabrics of various colors to increase the volume of production of pants and sports uniforms for children. In the future she hopes to have a storefront to distribute her products directly to the public.
The other members of the group make t-shirts and sporting goods.
Organiza un grupo para solicitar un préstamo que sera utilizado para la compra de telas de varios colores, y así aumentar su volumen de producción de pants y trajes deportivos para niños; en el futuro espera tener un local de atención al cliente para su producción. Las demás integrantes se dedican a la confección de playeras, y prendas deportivas.
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