Mujeres De Granadillo Group
She has organised a group and is applying for a loan which she will invest in buying thread to make traditional local clothing. In the future she hopes to have a stable income which allows her to expand her business by weaving in different styles. The other members of the group make a living by growing coffee and weaving. One of the members could not be present when the photo was taken.
Organiza un grupo y solicita un préstamo que lo invertirá en la compra de hilos para tejer guipiles y cortes típicos del lugar, espera en el futuro contar con un capital estable que le permita agrandar su negocio tejiendo variedad de estilos. Las demás integrantes del grupo se dedican a la siembra de café y a tejeduría. Una de las integrantes no pudo asistir cuando tomaron la foto.
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