Buena Vista 2 Group
She is organizing a group and applying for a loan that they will use to buy a loom and thread to increase their work and have another worker for their business. In the future, she hopes to have several looms, a bigger house, and more workers. The rest of the group members work in weaving, selling fruit, meat, domestic animals, and ice cream.
Organiza un grupo y solicitan un préstamo que lo utilizaran para la compra de un telar e hilos para poder incrementar su trabajo y tener otro trabajadora para su negocio, espera en el futuro tener varios telares, una casa mas amplia y mas trabajadores. Las demás integrantes se dedican a la tejeduría, venta de frutas, venta de carne, ven ta de animales domésticos y a la venta de helados.
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