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Solidario Vida Group
In this Group: Maria Julieta , Francisco Javier , Yenifer Nohemi
“Vida” (Life) Communal Bank

Maria Julieta C. S. is 36 years old. She has three children, and they attend a government school. Her business is selling new clothes. She started the business four years ago. She has a small place on the side of the street where she lives. Her neighbors now know her, and, starting very early, they come to buy her merchandise.

The loan she is requesting is to buy more blouses, t-shirts, and pants. The demand for her merchandise is now rising. Her dream is to expand and open a new place in her municipality. She wants to do this to get better earnings and to improve her children’s future.

The Vida group is comprised of two women and one man. The three of them sell new clothes, and they have their own places. They wish to invest more in clothes. Their dream is to see their businesses grow, to get greater income, and to give their children a better future.
View original language description ↓
Solidario Vida: Maria Julieta C. S. tiene 36 años tiene 3 hijos los tres estan estudiando en una escuela del gobierno su negocio es de venta de ropa nueva lo inicio hace 4 años ella tiene un local pequeño a la orilla de la callle en donde ella vive los vecinos ya la conocen y se hacercan desde muy temprano para comprar sus mercaderia, el prestamo que ella solicita es para comprar mas blusas, camisetas, y pantalones ya que en esta fecha la demanda de su mercaderia aumenta su sueño es expandirse y abrir un nuevo local en su municipio para obtener mejore ganacias y darles un mejor futuro a sus hijos.
El grupo vida esta integrado por dos señoras y un señor los tres se dedican a la venta de ropa nueva tienen su propio local y desean invertir mas en ropa, el sueño de ellos es crecer en su negocio obteniendo mayores ganancias para darles un mejor futuro a su hijos.

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
  • 63
    View loans »
    Guatemala Loans Fundraising
  • $8,816,525
    Funds lent in using Kiva
  • 8.0
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Solidario Vida Group's $1,200 loan helped a member to buy clothes to sell.
100% repaid
Repayment Term
4 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 22, 2010
Listed
Jan 21, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2011