Señora Francisca is married and is 23 years old. She did not have the opportunity to go to school. She has one son who is not yet in school. She makes huipils, traditional embroidered blouses. She began this business with the help of her husband, and up to now, she has four years of experience.
She has organized a group and is applying for a loan that she will use to purchase materials to make huipils. She hopes that her business will prosper in the future and that she will be able to have a shop with huipils of different designs.
The other members of the group work in handicrafts and commerce.
La señora Francisca es de estado civil casada. Cuenta con 23 años de edad. No tuvo la oportunidad de estudiar. Tiene 1 hijo que aún no estudia. Se dedica a la elaboracion de Guipiles tipicos. Inició este negocio con la ayuda de su esposo y a la fecha lleva 4 años de experiencia.
Organiza un grupo y solicita un préstamo que lo utilizará para la compra de materiales para la elaboración de guipiles. Desea en el futuro que su negocio prospere y poder tener un almacen de guipiles de diferentes diseños.
Las demás integantes del grupo se dedican a la artesanía y 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.