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Duo Noveno San Pedro Group
In this Group: Maria Del Carmen , Sonia Yanira
Duo Noveno San Pedro.

Doña Maria del Carmen is 22 years old and has two children. For the past three years, she has made a living by selling shoes and cosmetics. She tells us that she struggles for a better life and she relies on her husband's help. He works, but the money he earns is not enough. So, she started her business due to this necessity. Thanks to God, she received this business opportunity, which has allowed her to provide for her daughter.

She offers the product she sells in factories where many people work. She does not have enough of what she sells because the people buy a lot and she has a large demand from her customers. For this reason, she is asking for this loan to buy more merchandise of shoes and cosmetics. She hopes that Kiva can help her with the loan she is requesting, as well as the other member who makes a living by selling basic products and cosmetics.
View original language description ↓
Duo Noveno San Pedro. Doña Maria del Carmen, de 22 años tiene dos hijos y se dedica a la venta de calzado y cosmeticos desde hace 3 años nos cuenta que lucha por una vida mejor cuenta con la ayuda de su esposo inicio su negocio pues por la misma nececidad de que su esposo trabaja pero lo que gana no le alcanza gracias a Dios que le dio la oportunidad de este negocio, le a serbido para darle lo nesesario a su hija,el producto que ella vende los ofrece en las fabricas donde laboran muchas personas gracias a Dios lo que vende no le alcanza porque las personas le compra mucho y tiene mucha demanda de sus clientes es por eso que esta solicitando este credito para la compra de mas mercaderia en calzado y cosmeticos.espra que Kiva le pueda ayudar con el credito solicitando.,
al igual que la siguiente socia se dedica a la venta de productos basicos 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

  • $4,155
    Average annual income
  • 56
    View loans »
    Guatemala Loans Fundraising
  • $8,338,450
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Duo Noveno San Pedro Group's $525 loan helped a member to buy shoes and cosmetics to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 17, 2012
Listed
Mar 12, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 16, 2012