Duo El Triunfo Group
This group has two members: Santa Silvia and Ana Cristina. Santa Silvia's business is selling cosmetics and ladies' underwear. She has been in this business for seven years. She started her business with the help of her sisters-in-law who taught her how to sell products through a catalog from home and gave her a small quantity of products so that she could start selling. Over time, with the help of her parents, she was able to also start selling ladies' underwear. Santa Silvia has four dependent children. Her wish is to continue growing her sales so that she can get ahead in life and offer her children what they need. She would also like to have a wiD. range of products. She is requesting a loan to buy cosmetics. Ana Cristina is requesting a loan to buy more merchandise for her business.
El grupo está conformado por 2 personas quien es La señora Santa Silvia que se dedica a la venta D. productos cosméticos y venta D. ropa intima D. mujer desD. hace siete años inicio con la ayuda D. sus cuñadas que le enseñaron a vender el producto por catalogo a domicilio y le otorgaron una pequeña cantidad D. productos para dar inicio a la venta y con el tiempo con la ayuda D. sus papas pudo obtener la venta D. ropa interior D. mujer, tiene cuatro hijos menores D. edad, el deseo que tiene es seguir creciendo en sus ventas para salir adelante y poder ofrecer lo necesario para sus hijos y tener diversidad D. productos,esta solicitando este credito para la compra D. cosmeticos, la señorita Ana Cristina esta solicitando este credito para la compra D. mas mercaderia para su negocio.
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