Estrellas De Chocanuleu Group
César Agusto organized a group so that he could request a loan. He will use the money to increase his operating capital for buying merchandise such as cloth diapers, baby booties, socks, caps, blankets, and other items. In the future, he wants his business to prosper and become larger so that he can generate more income.
The other group members engage in trade and raising domesticated animals.
Organiza un grupo y solicita un préstamo que lo utlizará para ampliar su capital de trabajo comprando mercadería como pañales de tela, calcetas, calcetines, camisitas, gorras, frasadas, etc. Desea en el futuro que su negocio prospere y tener un negocio más grande para poder obtener mejores ganancias.
Las demás integrantes del grupo se dedican al comercio y crianza de animales domésticos.
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