Mr. Jose is a 51-year-old married man. He hasn’t had the opportunity for an education. He has six children, three of which are students. He is a farmer who grows broccoli, potatoes and peas. He learned this work from his parents and now he is farming on his own. He has 35 years of experience.
He organized a borrowing group and is asking for this loan in order to buy seeds and fertilizer for his crops. In the future he would like to have a greater diversity of crops in order to increase his earnings. The other members of his group are also farmers.
El señor Jose de estado civil casado, tiene 51 años de edad, no tubo la oportunidad de estudiar, tiene 6 hijos y 3 de ellos estan estudiando, el se dedica a la agricultura, siembra brocoli, papa y arbeja, inició este negocio trabajando con sus padres y ahora ya se queso solo con el negocio y lleva ya 35 años de larga experiencia.
Organiza un grupo y solicita un préstamo que le servirá para la compra de semillas y fertilizante para sus cultivos, en el futuro proximo desea tener diversidad de cultivos para obtener mejores ingresos, los demás integrantes del grupo se dedican también a agricultura.
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.