Anastasia is a 45-year-old woman, widow and mother of 5 children, all of whom are studying. She did not have the opportunity to study and makes a living weaving textiles and guipiles [traditional blouses] from where she lives and from other areas. She started this business thanks to the support of her husband and, as of today, she has 8 years of experience.
She has put together a group to request a loan that she will use to buy materials, such as threads and textiles in different colors and designs. She expects to continue improving as she wants to attain greater capital and income. The other members in the group make artisan crafts.
La señora Anastasia es viuda, tiene 45 años de edad, no tuvo la oportunidad de estudiar, tiene 5 hijos de los cuales 5 estan estudiando, se dedica al tejido de cortes y guipiles típicos del lugar donde vive y de otros lugares, inicio este negocio gracias al apoyo de su esposo, hasta el momento lleva 8 años de experiencia.
Organiza un grupo para poder solicitar un préstamo que lo utilizara, para la compra de materiales, tales como hilos y labores de diferentes colores y diseños, espera seguir mejorando, ya que quiere tener mayor capital y mejores ganancias. Las demás integrantes del grupo se dedican a la artesanía.
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.