One of the members of this two-person group is 33-year-old Thelma. Thelma has a grocery store where she sells soap, noodles, sugar, rice, etc. She tells us that, thanks to God, she has managed to keep her store running. She is now requesting a loan to buy a wider variety of food products. She hopes that you can help her with this loan. Her greatest wish is to further expand her store.
Duo Libano,este duo esta integrado por la señora thelma ella tiene 33 años de edad, doña Thelma cuenta con una tienda de productos comestibles de primera nececidad,ella vende en su tienda(Jabon,fideos,azucar,arroz,etc)nos cuenta que gracias a Dios a podido mantener su tienda, ahora ella esta solicitando este credito para la compra de mas bariedad en productos comestibles, ella espera que le puedan ayudar con el credito solicitado ya que su mayor anelo es agrandar mas su tinda.
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.