Nicacio is a 53-year-old with a second grade education. He is married with six children, two of which are in school. He works in agriculture and animal breeding, a business that he started out of the need to provide for his family. He now has 25 years of experience planting and harvesting.
Nicacio has organized a group to ask for this loan in order to purchase potato seeds and fertilizer to increase his potato harvest. With this loan he will also buy feed for his animals.
The other members of the group also work in agriculture as well as breeding and selling animals such as sheep, chickens, pigs and cows.
El señor Nicacio esta casado , tiene 53 años de edad, cursó los 2 años de educación primaria, tiene 6 hijos 2 de los cuales están estudiando, se dedica a la agricultura y a la crianza de animales, inicio estos negocios ya que necesitaba sustentar económicamente a su familia y hasta ahora lleva 25 años de experiencia, sembrando y cosechando.
Organiza un grupo ara solicitar un préstamo que lo utilizara para la compra de semillas de papas, abono, para aumentar su cultivo de papa, también va comprar concentrados para criar los animales que tiene. Los demás integrantes del grupo se dedican a la agricultura, y a la crianza y venta de animales: ovejas, pollos, cerdos, y vacas.
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.