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Duo Colibri De San Bartolo Group
In this Group: Otilia , Mari Cruz
History of Duo Colibri De San Bartolo: Oti has sold eggs for two years now, as she is facing hard economic times and in order to help her husband with family expenses, she decided to buy and sell eggs. She started out with 2 egg cartons a week and now says she buys 6 cartons a week. She travels each day to the market, where she sells the eggs.

She needs the loan to buy eggs from wholesalers, as this is the cheapest way she can get them. the other partner is also requesting this loan to buy products to increase her business' supply.
View original language description ↓
Historia duo colibri de san bartolo: doña oti se ha dedicado desde ya hace dos años a la venta de huevos, ya que el tiempo esta muy difícil y para apoyar a su esposo en los gastos de la casa se decidió a comprar y vender huevos al principio comenzó con 2 cajas de huevo a la semana hoy nos comenta que se compra 6 cajas a la semana y viaja a diario al mercado que es ahí donde los vende, y necesita el credito para compra de huevos por mayor ya que por mayor se lo dan mas barato.al igual que la siguiente socia tambien esta solicitando este credito para la compra de mercaderia para surtir mas sus negocio.

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
  • 62
    View loans »
    Guatemala Loans Fundraising
  • $8,830,375
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Duo Colibri De San Bartolo Group's $525 loan helped a member to buy eggs for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 17, 2011
Listed
Dec 1, 2011
Currency Exchange Loss:
Possible
Ended:
May 18, 2012