Eulalia is 32 years old, married, and has never had the opportunity to attend school. She has six children whereof three go to school. She works selling traditional skirts and blouses, she started off as a street vendor and now has eight years of experience with this business. She gets help from her husband who also works in commerce.
She has organized a group in order to be able to apply for a loan, which she will use to buy her merchandise i.e. skirts and blouses. She hopes that in the future she will have a large shop and be able to sell not only skirts and blouses as she does now, but a variety of clothes. The other members of the group also work in commerce.
La señora Eulalia es de estado civil casada, tiene 32 años de edad, no tuvo la oportunidad de ir a la escuela, tiene 6 hijos y 3 de ellos estan estudiando, ella se dedica al comercio vende cortes y guipiles típicos, inició este negocio vendiendo ropa ambulante y hasta la fecha lleva 8 años de experiencia. Cuenta con el apoyo de su esposo quien también se dedica al comercio.
Organiza un grupo para poder solicitar un préstamo que lo utilizará para la compra de mercadería: cortes y guipiles, desea en el futuro tener una tienda grande y poder vender no solamente cortes y guipiles como hasta ahora, quiere vender vareidad de ropa. Las demás integrantes del grupo se dedican al comercio.
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.