San Miguel Group
Eva Emilia organized a group so that she could request a loan. She will use the money to buy three dozen chickens and concentrated feed. In the future, she wants to have a large farm. The other members of the group engage in trade and handicrafts.
There are 11 members who appear in the photo because one of them did not meet the requirements. Therefore, she will not be participating in this loan.
Organiza un grupo para solicitar un préstamos que lo va utilizar para la compra de 3 docenas de pollos y concentrado para las mismas, en el futuro quiere tener una granja grande; las demás integrantes del grupo se dedican al comercio y artesanía.
En la fotografía aparecen 11 integrantes, pero una de ellas no lleno los requisitos y por lo tanto no se le concedió el préstamo.
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