Check out some available loans that are similar to this one!
Las Margaritas Group
In this Group: Bilma Yesenia , Francisca , Maria Florinda
The solidarity group, "Las Margaritas" is made up of three members: Francisca M. A., Maria Florinda I. J., and Bilma Yesenia M. A.. They make a living from various activities, including selling traditional clothing, aprons, and furniture. Francisca is 42 years old; Maria is 34; and Bilma is 33. Although they perform different activities, they have the same purpose and dreams. Bilma Yesnia has a store where she sells living room and dining room furniture. She is an enterprising woman who gathered two other partners together to form this small group with the purpose of expanding her business. Her dream is to have more working capital and more merchandise for sale, so that they can all achieve their dreams. However, the thing that stands out the most is to continue supporting their children, and to keep them well-fed and clothed. They have been running this business for 8 years now.
View original language description ↓
LAS MARGARITAS
El Grupo solidario Las Margaritas integradas por tres socias, Francisca M. A., Maria Florinda I. J.. Bilma Yesenia M. A.. Se dedican a distintas actividades venta de ropa típica, como güipiles típicos, fajas delantales típicos y venta de amueblados. Francisca es soltera tiene 42 años de edad, Maria tiene 34 años, y Bilma de 33 años de edad. Tienen diferentes actividades pero el mismo proposito y un mismo sueño. Bilma Yesnia tiene una venta de amueblados de sala, y comedor, ella es una mujer emprendedoras reúne a dos compañeras para formar este pequeño grupo con el fin de aumentar su negocio y el sueño es que tengan màs capital y mercadería para la venta para llevar a cabo sus sueños de cada uno, pero la que mas resalta es seguir apoyando a sus hijos, y la alimentación y tener vestuario. El negocio vienen trabajando por cuatro y ocho años.

Additional Information

About FAPE

FAPE, the Foundation for the Assistance of Small Businesses, is a nonprofit, socially-minded institution that provides loans to micro-entrepreneurs across Guatemala.

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.

About Guatemala

  • $4,155
    Average annual income
  • 99
    View loans »
    Guatemala Loans Fundraising
  • $9,135,975
    Funds lent in using Kiva
  • 8.0
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Margaritas Group's $1,150 loan helped a member to purchase traditional dresses and aprons.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 17, 2010
Listed
May 22, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2011