Duo Virgen De Fatima Group
Ana Paulina, a member of this group, needs another loan to buy ingredients (sesame seeds, oil, and tomatoes) to make tamales and to buy wood and corn. She has been doing this work for 6 years and has two children who attend the local school. Her dream is to keep growing so that she will always sustain her household, since she is the sole provider. She says that thanks to God and the loan granted to her, she has slowly been able to get ahead. She hopes that her loan request will be fulfilled.
El grupo está conformado por la señora Ana Paulina quien necesita otro crédito para la compra de ingredientes ( ajonjolí, aceite, tomates) para la preparación de tamales , la compra de leña y maíz ella se dedica a su negocio desde hace 6 años tiene dos hijos menores de edad que estudian en la escuela local el sueño de ella es seguir creciendo para estar ayudando siempre en su hogar ya que es el único sustento para sus hijos, nos cuenta que gracias a Dios y a los credito que le han otorgado a podido poco a poco salir adelante,espera que le puedan ayudar con el credito solicitado.
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