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Grupo Solidaro Cristal Group
In this Group: Sonia Briggit, Rigoberto, Maria Florinda
Maria Florinda T. Boror is a widow. She has 3 grown-up children who are already married. She lives in a very quiet community. She is 55 years old and lives in her own home.

Doña Flori sells shoes. She started out selling used clothes and shoes 35 years ago in Villa Nueva's old market. She currently sells from premises in the new market. She sells ladies', men's and children's shoes. Florinda is requesting a loan to buy all kinds of shoes wholesale because she makes more income during this season.

Sonia Briggit G. R. has 3 children; an 8 year-old girl who is in school and two older children who have lived in the United States for 6 years. Sonia is married and her husband helps her financially with the household expenses. She has been a saleswoman for 8 years. She started out selling food and then sold used clothing. Little by little she increased her profits and was able to rent premises in the market where she currently sells Mexican products. She is requesting her second loan to buy more merchandise since this is her best sales season.

Rigoberto Estrada is single. He is 25 years old and lives with his mother. He has 3 siblings who are all grown up. Rigoberto started out selling spices and then candles (different types of candles including all kinds of scented candles). He makes deliveries on his motorbike. Rigoberto has two premises in the market and sells wholesale. He has been working with FAPE for 3 years and is requesting a loan so that he can buy merchandise because he doesn't have enough right now.
View original language description ↓
MARIA FLORINDA T. BOROR ES VIUDA TIENE 3 HIJOS MAYORES YA CASADOS VIVE EN UNA COMUNIDAD MUY TRANQUILA TIENE 55 AÑOS DE EDAD VIVE EN CASA PROPIA.
DOÑA FLORI VENDE ZAPATOS HACE 35 AÑOS INICIO VENDIENDO ROPA Y ZAPATOS USADOS EN EL MERCADO ANTIGUO DE VILLA NUEVA, ACTUALMENTE VENDE EN UN LOCAL DEL NUEVO MERCADO, VENDE ZAPATOS PARA DAMAS CABALLEROS Y NIÑOS. DOÑA FLORINDA SOLICITA UN CREDITO PARA PODER COMPRAR ZAPATOS DE TODA CLASE PO MAYOR YA QUE EN ESTA TEMPORADA TIENE MAS INGRESOS.
SONIA BRIGGIT G. R. TIENE 3 HIJOS UNA MENOR DE 8 AÑOS QUE ESTA EN LA ESCUELA Y LOS MAYORES QUE AVITAN EN LOS ESTADOS UNIDOS DESDE HASE 6 AÑOS, ES CASADA Y SU ESPOSO LE AYUDA ECONOMICAMENTE CON LOS GASTOS DE EL HOGAR, ELLA LLEVA 8 AÑOS DE SER COMERCIANTE PRIMERO INICIO CON VENTA DE COMIDA Y DESPUES VENDIO ROPA USADA POCO A POCO FUE INCREMENTANDO SUS GANANCIAS Y PUDO ALQUILAR UN LOCAL EN EL MERCADO DONDE ACTUALMENTE VENDE PRODUCTOS MEXICANOS AHORA SOLICITA UN SEGUNDO PRESTAMO PARA COMPRAR MAS MERCADERA YA QUE ESTA ES LA MEJOR TEMPORADA DE VENTAS PARA ELLA.RIGOBERTO ESTRADA ES SOLTERO TIENE 25 AÑOS DE EDAD CON SU MADRE TIENE 3 HERMANOS YA TODOS SON MAYORES RIGOBERTO SE INICIO VENDIENDO ESPECIES Y LUEGO VENDIO CERAS (VELADORAS, CANDELAS, Y AROMATIZANTES DE TODO TIPO) HACIA SUS REPARTOS EN MOTOCICLETA.ACTUALMENTE TIENE DOS LOCALES EN EL MERCADO Y VENDE POR MAYOR, RIGOBERTO A TRABAJADO CON FAPE YA 3 AÑOS Y AHORA SOLICIATA UN CREDITO PARA COMPRAR MAS MERCADERIA YA QUE LA QUE TIENE NO LE ALCANZA

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
  • 62
    View loans »
    Guatemala Loans Fundraising
  • $8,741,725
    Funds lent in using Kiva
  • 8.0
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Grupo Solidaro Cristal Group's $1,200 loan helped a member to buy general merchandise, shoes, Mexican products and candles.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 19, 2010
Listed
Nov 25, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 21, 2012