Centro Santa Ana Group
She is organising a group to apply for a loan that will be used to buy lard so that Angelica can meet the her customers's demand. In the future she would like to have a big stall at the local market. The other group members have businesses and raise animals.
One of the group members does not appear in the photo as she could not come to the meeting when the photo was taken.
Organiza un grupo para solicitar un préstamo que lo utilizará para la compra de manteca para poder atender la demanda de sus cliente, en el futuro quiere tener un local grande en el mercado de su comunidad; las demás integrantes del grupo se dedican al comercio y a la crianza de animales.
Una de las integrantes del grupo no aparece en la foto porque no le fue posible estar presente en la reunion cuando tomaron la foto.
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