Ester is married and 26. She completed elementary school and has two children, one of whom is a student. She sells catalog merchandise, a business that started with low sales; she now has six years of experience. Her husband, who is a merchant, is supportive.
She decided to form a communal bank to apply for a loan, which she will use to buy catalog merchandise to sell. She hopes that her business will grow with more capital to buy inventory and, thereby, generate more income. The other group members are merchants, artisans, and farmers.
La señora Ester es de estado civil casada, tiene 26 años de edad, de escolaridad primaria completa, tiene 2 hijos y 1 de ellos esta estudiando, ella se dedica a la venta de productos por catálogos, inició este negocio con pocas ventas y hasta la fecha lleva 6 años de experiencia, cuenta con el apoyo de su esposo quien es comerciante.
Decide organizar un grupo y solicita un préstamo que lo utilizará para la compra de y venta de productos por catálogo, en el futuro quiere que este negocio sea mas grande, contando con más capital para poder surtirlo y de esa manera obtener más ganancia; las demás integrantes del grupo se dedican a comercio, artesanía y 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.