Micaela, 42, completed three years of elementary school. She has five children three of which are attending school. She embroiders traditional skirts. She started the business helping her mother and to date has 15 years’ experience.
She organized a group to request a loan she’ll use to buy embroidery thread to do her embroidery. In future she’d like to hire workers to produce in larger amounts. The other group members also work embroidering and knitting traditional fabrics.
La señora Micaela es casada tiene 42 años de edad, curso 3 años de educacion primaria, tiene 5 hijos y de ellos 3 estan estudiando, ella se dedica a bordar guipiles; inició este negocio ayudando a su madre y hasta el momento lleva 15 años de experiencia.
Organiza un grupo para solicitar un prestamo que lo utilizara para la compra de hilos para poder realizar sus bordados, en el futuro quiere tener trabajadoras para producir en mayor cantidad. Los demas integrantes del grupo, tambien se dedican a bordar y a tejer cortes típicos.
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.