Fuente Viva Group
Angela P. has two dependent children. She has been selling peanuts snacks and cookies for ten years. Angela needs this loan to buy supplies for making cookies.
Maria Delfina has a young daughter. She and her husband sell baked goods as well as donuts. Maria needs a loan to buy supplies for making cookies and donuts.
Andres C. prepares and sells bread and cookies. He needs a loan to buy supplies for making cookies and donuts.
Maria Delfina: tiene una hija pequeña ella y su esposo se dedican a la venta de panitos de feria,y tamvien ventas de churros, nececita su credito para la compra de insumos para la elavoracion de roscas de feria y churros.
Andres C..el se dedica a la venta y elavoracion de panitos de feria roscas de feria tec, el
nececita su credito para la compra de insumos para la elavoracion de roscas de feria y churros.
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