Duo San Juaneras Group
Vidalia is 55 years old. She is married and has been a merchant for 22 years. Vidalia has a locale in the city market where she sells clothing for babies, women's underwear, children's clothing, casual wear, blankets, etc. Vidalia also sells ONMILIFE products (natural medicine) which she supplies to her customers when they visit her business. The members of this duo met in the workshops that the organization offers salespeople. They say that they learned a lot and are motivated to perservere in their work, although they need capital to meet their goals as small businesswomen.
LA señora Vidalia de 55 años de edad casada, y comerciante desde hace 22 años, doña Vidalia cuenta con un local en el mercado municipal, donde vende ropa para bebe, ropa interior de dama, ropa para niños, ropa casual, colchas etc. Doña Vidalia también es vendedora de los productos ONMILIFE (medecina natural)el cual ella proporciona a sus clientes que la visitan en su negocio, ambas se conocieron en los talleres que esta empres brinda a sus vendedores en donde ellas manifiesta ha aprendido bastante y la motiva a perseverar a seguir trabajando aunque para ello ella necesitan de capital para lograr sus objetivos como pequeñas comerciante.
About FAPEFAPE, 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.
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Success!! The loan was 100% repaid