Irma Yolanda is married and 49 years old. She completed all six years of primary education. She works selling medicine, and started her business working as a midwife in her community. She so far has ten years of experience and the support of her husband, who works in retail.
She has organized a group in order to request a loan, which she will use to purchase medicine to stock her business. She wants to have a large pharmacy in the future.
The other members of this group work in retail and have a store that sells staple goods.
La señora Irma Yolanda de estado civil casad, de 49 años de edad, curso los 6 años de educacion primaria, ella se dedica a la venta de medicina, inicó este negocio trabajando como comadrona en la comunidad, hasta el momento lleva 10 años de experiencia; cuenta con el apoyo de su esposo que se dedica al comercio.
Organiza un grupo para solicitar un prestamo que lo utulizará para la compra de medicamentos para surtir su negocio, en el futuro quiere tener una farmacia grande; las demás integrantes del grupo se dedican al comercio y a tienda de artículos de consumo diario.
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.