Alfonso, 35, has a common-law wife and three children, one of which is in school; and he himself has a third grade education. Alfonso grows coffee for a living and began his business with a small amount of savings that he used to buy a few coffee plants. He has ten years' experience to date.
He decided to organize a group and request a loan to buy fertilizer for his coffee crop. In the future he would like to have a larger coffee plantation and abundant harvests. The other members of the group are farmers who grow corn, coffee and beans.
El señor Alfonso su estado civil es unido de hecho, de edad 35 años, curso 3 años de educación primaria, tiene 3 hijos y 1 de ellos esta estudiando, él se dedica a la agricultura cultiva Café, inició este negocio con un pequeño ahorro que tenia y compro unas plantitas de café y hasta la fecha lleva 10 años de experiencia.
Decide organizar un grupo para poder solicitar un préstamo que le servirá para la compra de fertilizante para su cultivo de café y en el futuro desea tener una plantación más grande de café y tener abundantes cosechas; los demás integrantes del grupo se dedican a agricultura siembran maíz, café y frijol.
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.