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Duo San Francisco Ll Group
In this Group: Telma Lleana , Basilia
The group "Duo San Francisco II" is made up of 2 women who sell traditional Guatemalan clothing. Telma has already been doing this type of work for a number of years and is very content because her sales have increased. She needs more working capital, and so she is requesting this loan to buy more traditional garments.

Basilia also sells traditional Guatemalan clothing. She tells us that her sales have increased considerably, and she needs more working capital, and so she is requesting a loan to buy traditional clothing.
View original language description ↓
Duo San Francisco ll : este grupo lo integran dos señoras las cuales se dedican a la venta de ropa tipica doña Telma tiene ya barios años de dedicarse a esta actividad esta muy contenta porque su venta a aumentado y nececita mas capital para trabajar ella esta solicitando este credito para la compra de ropa tipica.
Doña Basilia,ella tambien se dedica a la venta de ropa tipica, no cuenta que sus venas a haumentado considerablemente y nececita mas capital para trabajar por eso esta solicitando este credito para la compra de ropa tipica.

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
  • 62
    View loans »
    Guatemala Loans Fundraising
  • $9,070,525
    Funds lent in using Kiva
  • 7.7
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Duo San Francisco Ll Group's $800 loan helped a member to buy traditional Guatemalan clothing.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 21, 2011
Listed
Jul 3, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012