She is a member of a group and is asking for a loan so she can buy merchandise such as blouses, aprons, shorts, girdles, etc. In the future she wants to open a clothing store downtown. The other members are also merchants and have their own businesses. It pays to say that there are eleven people in the photograph, but only 10 received loans.
Organiza un grupo y solitica un prestamo que lo utilizará para la compra de mercadería como blusas, delantales, cortes, fajas etc. en el futuro desea tener una tienda de ropa en el centro de la ciudad; las demás integrantes del grupo se dedican al comercio y actividaes pecuarias. Hago mencion que en la fotografia figuran 11 integrantes, pero solamente a 10 de ellas se les concedió el préstamo.
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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