Duo Nuevos Horizontes Group
Doña Ana Marina, who is the leader of this pair, has been working doing weaving for the last several years. In her spare time, she also works raising animals such as chickens. She is happy, because she feels that she can use this help that she needs to advance her business. She is requesting this loan for the purchase of raw materials for her weaving.
The loan will also be used for Señor Leonzo who works raising animals like chickens. He is requesting this loan for the purchase of more animals to increase his sales.
Este grupo esta formado por dos personas las cuales luchan dia,a dia para salir adelante.Doña Ana Marina, quien es la lider D. este duo se dedica a la confeccion D. tejidos,desD. hace años pero tambien en sus ratos libres se dedica a la crianza, D. animales como pollos,ella esta contenta porque siente que se pe pueD. dar ese apoyo que ella nececita para salir adelante en su negocio,ella esta solicitando este credito para la compra D. materia prima para la confeccion D. tejidos,al igual que el señor Leonzo el se dedica a la crianza D. animales como pollos,y tambien esta solicitando este credito para la compra D. mas animales y agrandar su venta.
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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