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Duo Peña De Oro Group
In this Group: Maria Roselia , Vivian Isabel
This is the "Duo Peña de Oro" group. Vivian Isabel is 31, married, and has two children. She has been selling tortillas for five years. She tells us that she has struggled for her children's sake, as her greatest dream is for her children to have a better future.

She is applying for this loan in order to buy corn for making tortillas, as she needs more working capital. This way she will keep her business growing.
View original language description ↓
Duo Peña de Oro, Vivian Isabel de 31 años de edad es casada y tiene 2 hijos,se dedica a la venta de tortillas desde hace 5 años ella nos cuenta que a luchado por sus hijos ya que el mas grande sueño de ella es que sus hijos tengan un mejor futuro,esta solicitando este credito para la compra de maiz para la elavoracion de tortillas ya que nececita mas capital y asi seguir creciendo con 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

  • $4,155
    Average annual income
  • 44
    View loans »
    Guatemala Loans Fundraising
  • $8,586,675
    Funds lent in using Kiva
  • 7.7
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Duo Peña De Oro Group's $650 loan helped a member to buy corn for making tortillas.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 2, 2012
Listed
Apr 11, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012