Duo Consuelo De Dios Group
This community bank has two members. They are both very tenacious ladies. Aura Marina is 50 years old, widowed, and has three children in her care. One of her children is still school age and her other two are already adults and support her financially. Aura's business is making 'guipiles' (traditional blouses) by hand. She also makes sashes by hand. She is very grateful to God because he has given her an opportunity with this loan. It will be a great help to her. Her dream is to some day have sales premises where she can sell her products because she currently sells her products to people who have their own business premises. Aura is requesting this loan to buy raw materials for making her 'guipiles' as is her fellow group member who also hand makes 'guipiles' as well as other clothing and aprons. She is requesting this loan to buy traditional clothing so that she can continue in her business.
Este Duo Esta Integrado por dos señoras muy luchadoras,como lo es Doña Aura Marina,de 50 años de edad es viuda y tiene tres hijos a su cargo uno en edad escolar y los otros dos ya estan grande y le apoyan en su actividad economica,ella se dedica a la elavoracion de Güipiles a mano y tambien fajas a mano,esta muy agradecida con Dios porque le a dado la oportunidad de este credito que esta segura que le ba ayudar mucho su sueño es que algun dia pueda tener un local donde vender su producto, porque hoy en Dia su producto lo vende con las personas que tienen su negocio en un local, este credito lo esta solicitando para la compra de materia prima para la confeccion de güipiles ,al igual que la siguiente socia se dedica a la venta de güipiles a mano y tambien cortes y delantales,esta solicitando este credito para la compra de ropa tipica y asi poder seguir con su megocio.
About FAPEFAPE, 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.
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Success!! The loan was 100% repaid