Ms. Elena is married, has five children, and is a weaver. This work has been of great benefit to her, because this way she has been able to defray her personal and familial costs. Her art is making traditional skirts. She is the president of the "Las Samaritanas" communal bank, which is maD. up of 14 women who are also artisans who work as weavers. They organized in order to support themselves, to help themselves to get a loan, and to increase each of their capital. The principal objective of the group is to improve their businesses and to sell wholesale, as this will guarantee a better future for their children.
Doña Elena es casada, tiene cinco hijos, y se dedica a la tejeduría trabajo que ha sido D. gran beneficio para ella, ya que D. esta forma ha podido sufragar sus gastos tantos personales como familiares, su arte es la elaboración D. Cortes Tipicos. Es la Presidenta del Banco Comunal "Las Samaritanas" integrado por catorce mujeres quienes también son artesanas dedicadas a la Tejeduría. Se organizan para poder apoyarse y ayudarse en obtener un crédito y aumentar el capital D. cada una. El objetivo principal del grupo es mejorar su negocio y vender por mayor y asi garantizarles un mejor futuro a sus hijos.
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.