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Duo Luchadoras De Chajones Group
In this Group: Gloria Florencia , Florencia
Dúo LUCHADORAS DE CHAJONES (Chajones Fighters Duo)

This duo is made up of Gloria Florencia, 34. She’s married and has four children. She tells us that they are in school; the oldest is 9 years old. She tells us that she has had a small store at home located in the Chajones hamlet for the last two years. The idea arose because where she lives there was no store and her husband and she with much effort managed to open one but they don’t have enough capital to sell all store products; she only stocks basic things and what little she sells she reinvests.

Her husband is a merchant. He sells mattresses, reeds, plastic bathtubs, brooms, etc.) in installments so he goes to the capital twice a week to buy and he does her the favor of bringing her the products she needs because sometimes firms that sell the product don’t come to her place. However, she is asking for this loan to invest in her business purchasing soft-drinks, snacks, juice, beans, rice, etc. Since her husband hasn’t done too well with his business they want to enlarge the store to obtain better profits and support their children’s schooling.

The other member sells new and used traditional clothes and needs the loan to invest in her business.
View original language description ↓
Dúo LUCHADORAS DE CHAJONES
Este dúo está formado por doña Gloria Florencia, ella tiene 34 años de edad, es casada, y tiene 4 hijos nos cuenta que ellas ya están en la escuela y la mayor tiene 9 años, ella nos cuenta que es dueña de una pequeña tienda en su casa ubicada en el caserío los Chajones, desde hace 2 años, la idea surgió porque en el lugar en donde ella esta no hay tienda entonces su esposo y ella con mucho esfuerzo lograron ponerla, pero no tienen suficiente capital como para poder vender todos los productos de una tienda, ya que tiene solo lo básico, y lo poquito que vende lo vuelve a invertir y su esposo ya que él se dedica a vender (colchones, canas, baños plásticos, escobas,etc.) por abonos, entonces viaja a comprar a la capital 2 veces por semana, entonces él la hace el favor de traer el producto necesario, porque a veces en lugar no llegan las empresas a vender el producto, mas sin embargo ella solicita este crédito para invertir en su negocio como en la compra de aguas gaseosas,golocinas,jugos, frijol, arroz etc ya que su esposo no le ha ido muy bien con su trabajo entonces quieren agrandar la tienda y así obtener mejores ganancias, y apoyar a sus hijos en la escuela la siguiente socia se dedica a la venta de ropa nueva y usada típica,y nececita este credito para invertir en su negocio.

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
  • 96
    View loans »
    Guatemala Loans Fundraising
  • $9,667,175
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Duo Luchadoras De Chajones Group's $525 loan helped a member to buy basic staple food items.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 24, 2012
Listed
Apr 3, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012