Claudia is part of the Dúo Eucalipto group. She is single and lives with her mother. She works selling Mexican food products that she buys in Tapachula. She is asking for a new credit since the demand from her customers has increased and she needs to satisfy their needs. The capital that she has is very small and every day the price of her products goes up and her income stays steady. For that reason she wants to increase her capital in order to increase her income and be able to open a savings account so that when she is older she will not have to worry. Her greatest dream is to finish studying and to become someone in life. She is asking for this credit in order to purchase Mexican food products like rice, beans, oil, etc.
Dúo Eucalipto Este Dúo Está integrado por Claudia ella es soltera vive con su mama ella se dedica a la venta de productos Mexicanos el cual compra en Tapachula ella solicita un nuevo crédito ya que la demanda de su clientela ha aumentado y necesita satisfacer las necesidades de ellos ya que el capital que ella trabaja es muy poco y como cada día el precio de los productos aumenta y la ganancia sigue siendo lo mismo es por eso que quiere aumentar su capital para aumentar su ganancia para poder aperturar una cuenta de ahorro para cuando ella tenga una edad más avanzada, no tenga de que preocuparse el sueño más grande de ella es terminar de estudiar y ser alguien en la vida. Está solicitando este crédito para la compra de productos Mexicanos, como, arroz, frijol, aceite etc.
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.