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Duo Vidas Iluminandas Group
In this Group: Eulalia , Carmelina
Duo Vidas Iluminandas.

Eulalia sells various clothing. She is the leader of this duo. She tells us that she has done this activity for several years. She is asking for this loan to buy varied new clothing since her customers are asking her for new styles. That is why she is asking for this loan. The other member sells tortillas and she is asking for this loan to buy corn to make tortillas.
View original language description ↓
Duo Vidas Iluminandas. la señora Eulalia se dedica a la venta de ropa variada ella es la lider de este duo ella nos cuenta que se a dedicado a esta actividad desde hace varios años esta solicitando este credito para la compra de ropa variada nueva ya que sus clientes le piden nuevos estilos entonces por eso solicita este credito la otra socia se dedica a la venta de tortillas y esta solicitando este credito para la compra de maiz para la elavoracion de tortillas.

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
  • 93
    View loans »
    Guatemala Loans Fundraising
  • $9,105,075
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Duo Vidas Iluminandas Group's $775 loan helped a member to buy a variety of new clothing.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 13, 2011
Listed
Aug 1, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012