Maria lives in a common-law relationship. She is 26 years old and she did not get the chance to study. She has a child who does not go to school. She engages in waving typical clothes, an activity she learned from her mother and today she can count on 4 years of experience in this field.
She organizes a group and she is requesting a loan to buy thread to weave typical clothes. In the future she wants to increase her working capital to open a workshop and thus create jobs in her community.
The other members of the group engage in weaving typical clothes.
La señora María esta unida de hecho. De edad 26 años. No le dieron la oportunidad de estudiar. Tiene 1 hijo y no está estudiando. Se dedica a la tejeduría de cortes típicos. Inició este negocio aprendiendo con su madre y a la fecha lleva 4 años de experiencia.
Organiza un grupo y solicita un préstamo que lo utilizará para la compra de hilos para tejer cortes tipicos. En el futuro desea tener mas capital tener un taller para generar fuentes de empleo en su comunidad.
Las demás integrantes del grupo se dedican a la tejeduría de cortes típicos.
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.