Doña Dorca is single, finished sixth grade in primary school and dedicates herself to the commercial purchase and sale of typical clothing with complex silk embroidery and dyed threads and has had this business for ten years. With enthusiasm and the help of some neighbors they've organized a group in order to request a loan. The group is called Chicorral, the name indicates where the women are from. The group includes six integral women who dedicate themselves to diverse activities including the raising of animals, the sale of blankets, and the sale of clothing for children. They will use the loan to purchase merchandise and thereby increase the volume of sales with which they hope to have greater earnings and improve their condition of living.
Doña Dorca es soltera, cursó el sexto grado de primaria, ella se dedica al comercio (compra y venta de ropa típica) tales como cortes: sarapados, altacedas, sedalinas, jaspes y entre otros, tiene 10 años ya con este negocio. Contando con entusiasmo y la ayuda de algunas vecinas organizan un grupo, para poder solicitar un préstamo. El Grupo solidario se denomina Chicorral, el nombré indica la ubicación de cada una de ellas. El grupo cuenta con seis integrantes mujeres, quienes se dedican a diversas actividades entre ellos podemos mencionar, la crianza de animales, y venta de Cobijas, y ropa para niños. El préstamo lo utilizarán para compra de mercadería y así incrementar el volumen de ventas, con lo esperan tener mejores ganacias y mejorar sus condiciones de vida.
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.