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Duo La Providencia Group
In this Group: Blanca Gricelda , Irma Yolanda
LA PROVINCIA DUO

This group is made up of two sisters. Irma learned to weave güipil when she was little, as well as how to raise animals. When she married she continued in the trade and little by little was able to support her 3 children. She is asking for this loan to buy the raw materials to make weavings. Then there is Blanca, who also has woven güipil for 20 years. She now has a small store located in her house where she has sold items of daily consumption for 3 years. This has helped her a lot because she can attend to her business as well as her children and husband and be satisfied with what she is contributing to her family.

Both of them, as mothers and wives, want the best for their families and that is what has motivated them to keep working everyday for a prosperous future for their small children whom they see grow day to day.
View original language description ↓
DUO LA PROVINCIA
Integrada por dos hermanas, doña Irma, quien desde pequeña aprendió el oficio de tejer güipil y a la crianza de animales, ya casada siguió con su oficio con lo que ella poco a poco ha logrado ayudar al sustento de sus 3 hijos,ella esta solicitando este credito para la compra de materia prima para la confeccion de tejidos también la señora Blanca, quien también realiza el trabajo de tejido en güipil desde hace ya 20 años y ahora cuenta con una pequeña tienda ubicada en su domicilio donde vende artículos de consumo diario desde hace 3 años, lo cual la ha ayudado bastante, porque puede atender su negocio como también atender a sus hijos y esposo y estar satisfecha con el aporte a la familia.
Las dos como madres y esposas quieren lo mejor para sus familias y eso es lo que las motiva a seguir trabajando diariamente para un futuro prospero para sus pequeños hijos a quienes ven crecer día con día.

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
  • 61
    View loans »
    Guatemala Loans Fundraising
  • $9,379,275
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Duo La Providencia Group's $675 loan helped a member to buy raw materials to make weavings.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 13, 2011
Listed
Aug 1, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2012