Solidario Las Esmeraldas Group
Ángela, the leader of the group, makes a living selling cosmetics, and now also bread, out of her home. Every day is the same routine. Of course, she does it to secure the lives of her future children. She sells in her shop every day. She stays open all day but there are many times that she also leaves to sell her products through catalogues in order to have a greater income, knocking on doors and seeks out acquaintances. She is asking for this loan to buy bread for her bakery.
As for Vera Judith, she continues with her sale of the gifts and piñatas that she makes. She assures that the previous loan has been helpful and she does not doubt that this one will help her even more.
Eva also continues with her bookstore. Every day, starting very early, she serves her clients and tries to maintain variety so that they visit often.
The three women have seen change in their lives and now want to refinance and thereby increase their profits.
Doña Ángela la lider del duo se dedica a la vente de cosméticos y ahora también a la venta de pan en su casa todos los días es la misma rutina claro ella lo hace para asegurar la vida de sus futuros hijos, vende en su local todos los días mantiene abierto todo el día pero hay veces que sale también a vender sus productos por catálogos para tener un mayor ingreso toca puertas busca a sus conocidas y esta solicitnaod este credito para la compra de pan para su panaderia. En cuando a doña vera Judith sigue con su venta de regalos y piñatas ella las hace asegura que ha sido de ayuda el crédito anterior no duda que este le ayude aun mas, doña Eva también sigue con su librería todos los días desde temprano atiende a sus clientes y procura mantener variedad para que la visiten seguido. Las tres señoras han visto un cambio en su vida y ahora desean refinanciar y así incrementar sus ganancias.
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