Eudelia is in a common-law relationship and she is 46 years old. She didn’t even complete one year in school. She has nine children and not one is studying in school. She is engaged in raising pigs and poultry. She started this business with money given to her by her mother and has ten years of experience to date. She has the help of her husband, who works in farming.
She organized this group to be able to request a loan that she will use to purchase other pigs and hens. In the future, she wants to have a big farm. The rest of the group members are engaged in breeding domestic animals and selling ice-cream.
La señora Eudelia de estado civil unida de hecho, tiene 46 años de edad, no curso ni un año en la escuela, tiene 9 hijos y ni uno esta estudiando, ella se dedica a la crianza de cerdos y aves de corral, inició este negocio por un dinero que le regaló su madre, y hasta la fecha lleva 10 años de experiencia; cuenta con el apoyo de su esposo quien se dedica a la agricultura.
Organiza un grupo para poder solicitar un prestamo que lo utilizará para la compra de otros cerditos y gallinas, en el futuro quiere tener una granja grande; las demás integrantes del grupo se dedican a la crianza de animales domesticos y a vender helados.
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.