The communal bank "Duo Luchando por la Visión" is comprised of two very good, responsible people. One of them is Oscar Samuel, 50, who makes and sells women's, men's and children's clothing. He started his sales business 12 years ago and says it has helped him support his family; and he gives thanks to God for the opportunity to have the business. He is requesting a loan to buy fabric and varied clothing in different styles because his customers want new fashions. Pedro is in the same business as Oscar and their dream is to one day have a larger shop and earn a better income so they can help their families.
Duo Luchando por la Vision.este duo esta formado por dos personas muy buenas y responsables,uno de ellos es don,Oscar Samuel,de 50 años quien se dedica a la venta y confeccion de ropa para dama,caballero,y niño.el inicio su venta hace 12 años,nos comenta que este negoscito le a ayudado mucho con el sustento de su hogar,y le da gracias a Dios por que le a dado la oportunidad de tener este negocio,el esta solicitando este credito para la compra de tela y ropa variada,y en diferentes estilos,ya que sus clientes le piden nuevos estilos,al igual que don Pedro,porque el tambien se dedica a la misma actividad que don Oscar,el sueño de ellos es tener un local mas grande para obtener mejores ingresos, asi de esa manera ayudar a su familia.
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.