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Solidario Palmeras Group
In this Group: Elsa Marina , Marlyn Julissa, Norma Elizabeth
Solidario Palmeras:

This group is made up of three members who make a living in different activities.

Marlyn is 32 years old and has four children. She started her business two years ago. She sells jackets and bed covers. She started her business with the help of a friend who helped her both economically and morally. So, little by little she set up her business. She is now requesting a loan to buy bed covers and jackets, as she sees that she needs to invest in order to extend her business. She appreciates the help offered by Fape and Kiva.

Norma Elizabeth also makes a living selling varied clothing such as blouses, shirts, dresses, etc.

Else makes a living selling bread and cosmetics.
View original language description ↓
Solidario Palmeras: este Grupo esta integrado por 3 usuarias las cuales se dedican a distintos negocios.
Marlyn es unida tiene 32 años de edad tiene 4 hijos,ella inicio su negocio hace 2 años,vende chamarras y cubrecamas,inicio su negocio con la ayuda de una amiga quien le brindo ayuda tanto economicamente como moral mente,asi poco a poco fue poniendo su negocio,ahora ella esta solicitando este credito para la compra de cubrecamas,chamarras,ya que se ve en la nececidad de invertir mas para agrandar mas su negocio,agradese a Fape y kiva por la ayuda que les puedan brindar.
Al igual que la señora Norma elizabeth,se dedica a la venta de ropa para variada,como blusas camisas.vestidos etc.
Elsa se dedica a la venta de pan y cosmeticos,

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
  • 97
    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 Solidario Palmeras Group's $975 loan helped a member to buy jackets and bed covers for resale.
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:
Dec 17, 2014