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Duo Azucenas De Magdalenas Group
In this Group: Maria Antonia , Dina Mercedes
Maria Antonia, a member of the Duo Azucenas de Magdalenas Group, is 35 years old, and cares for two daughters who are studying in the neighborhood school where she lives.

She has been cultivating and selling flowers for some years and she tells us that before she thought of growing beans and Chinese peas but with the passing of time, having worked growing flowers, she realized that growing flowers is lighter work and above all is relaxing enough.

She sows around 400 to 500 plants of various kinds, and this is why is is asking for a loan, in order to buy fertilizer and pesticide, so she can provide maintenance. She hopes that FAPE can give her the help that she needs.
View original language description ↓
Duo Azucenas de magdalenas Maria antonia tiene 35 años de edad y tiene a su cargo 2 hijas que estudian en el intituto de la localidad de donde ella vive,ella se a dedicado al cultivo y venta de flores desde hace varios años ella misma las siembra y cultiva nos cuenta que anterior mente se dedicaba mayor mente el cultivo de ejotes y arbeja china pero con el transcurso del tiempo se dedico a sembrar flores,y se dio cuenta que la siembra de flores lleba un trabajo menos pesado y que sobre todo es bastante relajante al regarlas tiene al rededor de 400 a 500 plantas de distintas clases, es por eso que esta solicitando este credito para la compra de abono y veneno para las plagas, y asi darle mantenimiento,espera que fape le pueda dar ese apoyo que ella nececita.

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
  • 74
    View loans »
    Guatemala Loans Fundraising
  • $9,892,100
    Funds lent in using Kiva
  • 7.7
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Duo Azucenas De Magdalenas Group's $400 loan helped a member to buy fertilizer and pesticide for the cultivation of flowers.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 2, 2012
Listed
Apr 7, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012