Isabel De Jutacaj 2 Group
Eva started a group to be able to request a loan to expand her business and buy more products to sell. In the near future, she would like to have an establishment located in the center of the municipality and have more working capital.
The remaining members work in agriculture and selling cosmetics. One of the members could not come when the picture was taken.
Organiza un Grupo para poder solicitar un prestamo que lo va utilizar para ampliar su negocio comprando mas productos para la venta, en el futuro cercano quiere tener un local fijo en el centro del municipio y tener mayor capital de trabajo; las demás integrantes del grupo se dedican a actividades agropecuarias y al comercio de cosmeticos.
Una de las señoras no aparece en la fotografía ya que cuendo tomaron la misma ella no pudo asistir.
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