Duo Solidario Fuente De Agua Viva Group
FUENTE DE AGUA VIVA (Fountain of Running Water)
This group has two members, Clara T. and Vilma Raquel P.. The women are both married and they have two and three children respectively.
These women make and sell 'güipiles' (traditional blouses). Clara embroiders 'güipiles' which are traditional to her town and then sells them in different stores and markets in her town. Vilma and two other ladies help her to embroider the decorative parts of the 'güipiles'.
Clara is requesting this Kiva loan to invest in making textiles since the Christmas period is approaching and she sells more of her products during this period.
Clara's dream is to remodel her home and improve her life financially, together with her family.
FUENTE DE AGUA VIVA
Esta formado, de dos personas, Clara T., y Vilma Raquel P., ellas, están casadas, con dos y tres hijos.
Se dedican a la elaboración y venta de güipiles. Clara, borda los güipiles típicos de su pueblo, y los luego los vende en diferentes tiendas y mercados de su pueblo. Clara y dos señoras más le ayudan a bordar los adornos de los güipiles.
Clara solicita este préstamo de KIVA para invertir mas en confección de tejidos, ya que se acerca la fiesta de Navidad. Y es cuando ella logra vender más.
El sueño de clara es remodelar su casa y mejora su vida, económicamente junto a su familia.
About FAPEFAPE, 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.
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Success!! The loan was 100% repaid