Check out some available loans that are similar to this one!
Duo Esther Group
In this Group: Zoila , Azucena
One of the members of Duo Esther Group is Zoila, 31 years old and single, who weaves fabrics and produces blouses that are typical of the community in which she has lived for the past 15 years. Zoila needs this loan because the Christmas season is ahead and a lot of money will be invested. Zoila will sell many of her products in the near future and therefore she needs this loan to buy raw materials to weave fabrics and help her in her business. The other group member is Azucena, single and 25 years old, who is also a buyer and seller of fabrics, and who makes blouses for the customers in her community.
View original language description ↓
DUO ESTHER
Este grupo está formado por Zoila de 31 años de edad soltera, y se dedica al tejido de cortes y güipiles típicos de su comunidad donde ella vive desde hace 15 años, está necesitando este crédito porque empieza la época en que se invierte mucho dinero porque se acerca la época navideña entonces desea comprar materia prima para la confeccion de tejidos, ya que es cuando se vende mucho su producto espera que se le pueda apoyar, también esta Azucena, soltera de 25 años de edad, se dedica a la compra y venta de tejidos asi mismo ella también elabora güipiles que entrega a sus clientes en la comunidad donde vive.

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
  • $8,833,925
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Duo Esther Group's $450 loan helped a member to buy raw materials to weave traditional fabrics.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 22, 2011
Listed
Dec 1, 2011
Currency Exchange Loss:
Possible
Ended:
May 18, 2012