The Lluvia D. Oro group is maD. up of two people who struggle every day to get ahead. Estefana is 40 years old. She says that she has worked making traditional fabrics for 24 years. She is asking for this loan to purchase materials to make fabric. The other group members is also asking for this loan to purchase materials to make traditional fabrics. They are very thankful for the support that they have been given.
Duo Lluvia D. oro,este duo esta formado por unas personas que dia a dia luchan por salir adelante,tal es el caso D. doña Estefana,D. 40 años D. edad,ella nos cuenta que se dedica a la confeccion D. tejidos tipicos desD. hace 24 años,es por esa razon que esta solicitando este credito para la copra D. materia prima para la confeccion D. tejidos,al igual que la siguiente socia esta solicitando este credito para la compra D. materia prima para la confeccion D. tejidos tipicos,estan muy agradeciodas por la ayuda que se les pueda brindar.
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.