Nuevos Horizontes De Jutacaj Group
Update on Nuevos Horizontes De Jutacaj GroupSeñora Marta Alicia is a single mother, she is 33 years old, and she attended primary school for three years. She has three children, one of whom attends school.
She raises hens. She started this business because she needed to support her children, purchasing two hens, and to date she has four years’ experience. She organizes a group, and she is requesting a loan that she will use for the purchase of five dozen hens, and feed for them. In the future she wants to have a farm with laying hens.
The other members of the group raise domestic animals.
Organiza un grupo y solicita un préstamo que lo utilizará para la compra de 5 docenas de gallinas y para alimentación de las mismas. En el fururo desea tener una grnaja con gallinas ponedoras.
Las demás integrntes del grupo se dedican a la crianza de animales domésticos.
Previous Loan DetailsMaria Nicolasa is married (common-law) and is 48 years old. She didn't have the opportunity to go to school, but has 6 children who are in school. She works raising farm animals. In this case, she buys baby pigs to raise and then sell. She started this business after inheriting it from her pa... More from Nuevos Horizontes De Jutacaj Group's previous loan »
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.
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
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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This loan has been fully funded!