Isabel is 55 years old, married and has 8 children, six of whom are studying. She did not have the opportunity to study and works selling second-hand clothing. She buys the clothing in different places and then alters and sells it. She started this business with the support of her family and now has 10 years of experience with it. Her husband, who works in farming, helps her.
She has organized a group and is applying for a loan that she will use to buy merchandise to sell. She wants to buy traditional hand-woven clothing, traditional tunics and blouses, woven belts and sashes, and sheets, among other things. She hopes in the future to have a large business and that her children will have academic degrees.
La señora Isabel esta casada, tiene 55 años de edad, no tuvo la oportunidad de estudiar, tiene 8 hijos de los cuales 6 están estudiando, se dedica al comercio de ropa de segunda mano, lo cual lo compra en diferente lugares, para luego ajustarlos y venderlos, inicio este negocio gracia al apoyo de su familia, hasta el momento lleva 10 años de experiencia, cuenta con el apoyo de su esposo quien se dedica a la agricultura.
Organiza un grupo y solicitar un préstamo que utilizara para la compra de mercadería para venta, quiere comprar cortes, guipiles, fajas, sabanas, etc. Espera en el futuro tener un negocio amplio y que su hijos sean personas con un titulo académico.
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.