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Duo Luchando Por La Vicion Group
In this Group: Pedro Elias , Oscar Samuel
Duo Luchando por la Visión

Pedro Elias has made a living by sewing shirts for children and adults for many years. He says he keeps on working to get ahead with his little shop, and that his customers have also aided him by making various orders and this is how he has increased his sales.

He says the fabric he has is no longer enough, and this is why he needs to buy more. Therefore, he is asking for a new loan to buy fabric and produce his garments. His dream is to become a distribution center for the town.
View original language description ↓
DUO LUCHANDO POR LA VISION, QUIEN ES EL SEÑOR PEDRO ELIAS LA CUAL SE DEDICA A LA CONFECCION DE CAMISAS PARA NIÑOS Y ADULTOS, DESDE HACE MUCHOS AÑOS. NOS CUENTA QUE SIGUE LUCHANDO PARA SACAR ADELANTE SU PEQUEÑA FABRICA, LOS CLIENTES TAMBIEN LO HAN AYUDADO YA QUE LE HACEN VARIOS PEDIDOS Y DE ESA FORMA EL HA SUPERADO SUS VENTAS. NOS CUENTA QUE LA TELA YA NO LE ES SUFICIENTE, POR TAL MOTIVO NECESITA COMPRAR MAS POR ELLO SOLICITA UN NUEVO PRESTAMO PARA LA COMPRA DE TELA Y CONFECCIONAR SUS PRENDAS. SU SUEÑO ES LLEGAR A SER UNA EMPRESA DISTRIBUIDORA DEL PUEBLO.

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
  • 54
    View loans »
    Guatemala Loans Fundraising
  • $8,798,275
    Funds lent in using Kiva
  • 7.7
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Duo Luchando Por La Vicion Group's $1,175 loan helped a member to buy fabric to make shirts.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 16, 2012
Listed
May 1, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 18, 2013