Solidario El Campo Group
The group is made up of Marta, 35, Rebeca and Ursulo who have various businesses. Marta Lidia earns a living making huipiles (colorful Mayan tunics) and sashes by hand, but also sells tortillas. Her primary business activity is the weaving. Rebeca also earns a living making huipiles by hand, but also raises crops. Ursulo earns a living selling slushees (sweet crushed-ice beverages) as a street vendor.
All of them require their loan in order to get supplies and increase their sales and profits, so as to give their children a better future.
EL GRUPO ESTA INTEGRADO POR MARTA DE 35 AÑOS DE EDAD ,REBECA Y URSULO, SE DEDICAN A DIFERENTES ACTIVIDADES ECONOMICAS, MARTA LIDIA SE DEDICA A LA ELABORACION DE GUIPILES A MANO Y ELABORACION DE FAJAS, PERO TAMBIEN TIENE VENTA DE TORTILLAS, SU ACTIVIDAD PRINCIPAL ES TEJIDOS A MANO , REBECA, ELLA TAMBIEN SE DEDICA A LA ELABORACION DE GUIPILES A MANO PERO TAMBIEN CULTIVAN, URSULO SE DEDICA A LA VENTA DE GRANIZADAS, EL VENDE DE AMBULANTE, TODOS NECESITAN SU CREDITO PARA PODER OBTENER MATERIA PRIMA Y PODER OBTENER MAS VENTA Y MAS GANANCIAS Y DARLE UN MEJOR FUTURO A SUS HIJOS.
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