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Duo Luz De La Esperanza Group
In this Group: Fidelina , Antonio
Duo Luz de la Esperanza [Light of Hope Duo]

This duo is made up of two women who daily fight to get ahead. Such is the case that Fidelina, 34 years' old, makes a living making guipiles (traditional blouses), which she has done for the last five years. She tells us that she has carried out this work with dedication and thanks to God her sales have slowly increased. Her aim is to help her husband and their children. Her dream is that in the future her children can have better opportunities. She is requesting a loan to buy material to make guipilies. In the same way Antonia is requesting a loan to buy materials as she makes a living in the same activity as Fidelina.
View original language description ↓
Duo Luz de la Esperanza,Este Duo Esta Integrado por Dos personas Que dia a Dia Luchan por salir adelante,Tal Es El Caso de doña Fidelina,de 34 años de edad ella se dedica a la elavoracion de guipiles desde hace 5 años esta actividad ella nos cuenta que lo a realizado con mucho esmero ya que gracias a Dios poco a poco sus ventas han ido en aumento,el proposito de ayudar a su esposo y a sus hijos ya que el sueño de ella mas adelante es que sus hijos tengan mejores oportunidades,ella nos esta solicitando este credito para la compra de materia prima para la elavoracion de guipiles.de igual forma doña Antonia esta solicitando este credito para la compra de materia prima ya que ella se dedica a la misma actividad que doña Fidelina.

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

  • $5,300
    Average annual income
  • 95
    View loans »
    Guatemala Loans Fundraising
  • $9,658,675
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Duo Luz De La Esperanza Group's $525 loan helped a member to buy materials to make guipiles (traditional blouses).
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 19, 2011
Listed
Feb 1, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012