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Duo Luz Y Vida Group
In this Group: Elizabeth , Gloria Quendal
Duo Luz y Vida includes Gloria, who is 30 years old and has made a living making guipiles [traditional blouses] for the past three years. She is requesting a loan to purchase raw materials for making traditional weavings. She tells us that she is very happy, because this will help her to get ahead.

Similarly, the other member is also requesting this loan to buy raw material for making traditional weavings.
View original language description ↓
Duo Luz y vida, este duo esta formado por Gloria,DE 30 años de edad,ella se dedica a la elavoracion de gúipiles,desde hace 3 años,esta solicitando este credito para la compra de materia prima para elavoracion de tejidos tipicos,nos cuenta que esta muy contenta porque la ayudara a superarse mas,al igual que la siquiente socia esta solicitando este credito para la compra de materia prima para la confeccion de tejidos tipicos.

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

  • $4,155
    Average annual income
  • 64
    View loans »
    Guatemala Loans Fundraising
  • $9,088,350
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Duo Luz Y Vida Group's $650 loan helped a member to purchase raw materials for making traditional weavings.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 10, 2012
Listed
Mar 1, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012