Duo Cosuelo De Dios Group
Aura is a very hard-working lady. She is a widow and has three children in her care. Her husband died four years ago. She has three children who are already married. They support her and help her with her expenses. Her business is weaving products by hand. She has been in this business for several years and needs this loan so that she can buy raw materials for making her products.
Vilma is from San Juan Comalapa. She has two grown-up children. Vilma's business is selling traditional clothes and she makes her sales as an itinerant vendor. She also sells hand-made traditional blouses in her community. She needs this loan to buy more merchandise to stock her business so that she can make more sales and better profits.
AURA Y VILMA
AURA ES UNA SEÑORA MUY TRABAJADORA TIENE TRES HIJOS A ASU CARGO ELLA ES VIUDA DESDE HACE 4 AÑOS FALLECIO SU ESPOSO TIENE TRES HIJOS CASADOS QUE TAMBIEN LA APOYAN Y LA AYUDAN EN SUS GASTOS, ELLA SE DEDICA A LA CONFECCION DE TEJIDOS A MANO YA DESDE VARIOS AÑOS SE DEDICA A ESA ACTIVIDAD Y AHORA NECESITA SU CREDITO PARA PODER COMPRAR MATERIA PRIMA PARA CONFECCIONAR SU PRODUCTO. VILMA TAMBIEN ES ORIGINARIA DE SAN JUAN COMALAPA TIENE DOS HIJOS YA GRANDES , ELLA SE DEDICA A LA VENTA DE ROPA TIPICA PERO SU NEGOCIO LO REALIZA DE AMBULANTE, TAMBIEN VENDE GUIPILES A MANO LOS VENDE EN LA COMUNIDAD DONDE ELLA VIVE, ELLA NECESITA SU CREDITO PARA COMPRAR MAS MERCADERIA PARA SURTIR SU PRODUCTO Y TENER MAS VENTAS Y MEJORES GANANCIAS.
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