Duo Jenesareth Group
Floridalma. She has sold tortillas for the past three years. Her children are already grown and they help her with her business. She is a widow and needs the loan to buy corn to make tortillas and to grow her business. She has many customers and she wants to also sell other products.
Roxana. sell food products every day. She wants to supply her business for more income so that she can help her family.
ESTA INTEGRADO POR LAS SIGUIENTES SOCIAS FLORIDALMA ELLA SE DEDICA A LA VENTA DE TORTILLAS DESDE HACE TRES AÑOS, ELLA TIENE A SUS HIJOS YA GRANDEA LOS QUE LA APOYAN EN SU NEGOCIO ELLA ES VIUDA Y NECESITA SU CREDITO PARA PODER COMPRAR MAIZ PARA LA ELAVORACION DE TORTILLAS Y AMPLIAR SU NEGOCIO PORQUE TIENE MAS CLIENTELA Y QUIERE PONER OTROS PRODUCTOS A LA VENTA. ROXANA SE DEDICA A LA VENTA DE PRODUCTOS DE CONSUMO DIARIO ELLA QUIERE SURTIR MAS SU NEGOCIO PARA OBTENER MEJORES GANANCIAS Y PODER AYUDAR A SU FAMILIA.
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