Solidario Fuente De Agua Viva 2 Group
Clara, 47 years old, Mayra Carolina, 23 years old, and Vilma Raquel, 28 years old.
Clara has worked at the creation and sale of traditional blouses for 8 years. She is very happy because her previous loan went very well, and she managed to grow her business a bit more. Now she is requesting this loan to buy raw materials to continue with her business. The other partners also work at making and selling traditional blouses, and are also requesting loans to buy raw materials to create traditional blouses. They hope that Kiva can give them the support they need to get ahead little by little.
la señora Clara, de 47 años de edad,Mayra Carolina 23 años de edad, Vilma Raquel de 28 años de edad,
Doña Clara se dedica a la elavoracion y venta de Güipiles desde hace 8 años,ella esta muy contenta porque el credito anterior le fue muy bien,y logro agrandar un poco mas su negocio,haora ella esta solicitando este credito para la compra de materia prima para seguir con su negocio, al igual que la siguiente socias tambien se dedican a la elavoracion y venta de Güipiles, y tambien estan solicitando este credito para la compra de materia prima para la confeccion de Güipiles,esperan que kiva les pueda dar este apoyo que nececitan para poder superarse poco a poco.
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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