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Solidario San Mateo Group
In this Group: Odilia , Gladys Heliodora , Maria Asuncion
The Solidario San Mateo group is comprised of Odilia, who is 53 years old and works by cultivating Chinese peas and green beans. She has two children who attend school in Antigua Guatemala in the afternoon, one of whom will graduate this year with a degree in mechanics. In the morning, the children help their mother cultivate the land so they have good control over it. Their product is delivered and supervised each month since it is exported. Odilia is requesting a loan to invest in her pea and green bean sowing season since they have prepared the land to be cultivated.
View original language description ↓
Solidario san mateo
este grupo solidario está conformado por doña Odilia, ella tiene 53 años de edad y se dedica al cultivo de arveja china y ejote tiene a su cargo dos hijos quienes estudian en la antigua Guatemala por las tardes, quienes primero dios menciona que uno de ellos se gradúa de mecánica este año, ya que por las mañanas ayudan a su mama a cultivar los terrenos para llevar un buen control porque su producto es entregado en la cuatro pinos y son supervisados cada mes ya que su producto es exportado, doña Odilia está solicitando el crédito para invertir en su siembra de ejote y arveja ya que tienen prepararado los terrenos para ser Cultivados.



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
  • 83
    View loans »
    Guatemala Loans Fundraising
  • $9,093,100
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Solidario San Mateo Group's $1,025 loan helped a member to invest in pea and green bean cultivation.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 16, 2012
Listed
Aug 9, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 18, 2013