Señora Sebastiana is 38 and married. She has four years of elementary education. She has three children, two of whom are in school. She knits traditional cortes [clothing or cloth] and guipiles [blouses or dresses]. She started this business with the help of her husband, and currently has seven years' experience.
She has organized a group in order to be able to request a loan which she will use for the purchase of yarn so that she can knit guipiles and cortes. In the future she hopes to have a fixed stall in the municipal market where she will be able to sell her products.
The other group members knit, sell basic staples, and work in agriculture.
La señora Sebastiana esta casada, cuenta con 38 años de edad, cursó 4 años de educación primaria, tiene 3 hijos y 2 de ellos estan estudiando, se dedica a la tejeduría de cortes y guipiles típicos, inició este negocio con la ayuda de su esposo y hasta el momento lleva 7 años de experiencia.
Organiza un grupo para poder solicitar un préstamo que lo utilizará para la compra de hilos para tejer guipiles y cortes, espera en el futuro tener un local fijo en el mercado del municipio donde pueda vender sus tejidos: Las demás integrantes del grupo se dedican a tejeduría, tienda de artículos de consumo diario y actividades pecuarias.
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.