Dúo Acatenango. Eloísa, age 26, is a member of this duo. She sells food products. Even though she has not been doing this for very long, she has been able to increase her customers’ visits. Because she tends to her business very kindly, the customers seek her out often.
She is requesting this loan because she needs to buy a variety of grocery products like soap, rice, beans, and more. These are things that she still does not have in her business. She hopes that Kiva is able to help her with the requested loan. Now is when she most needs your support to increase the sales in her business.
Dúo Acatenango. Este dúo está integrado por la señora Eloísa de 26 años de edad, doña Eloísa se dedica a la venta de productos comestibles aunque no tiene mucho tiempo de dedicarse a esta actividad ella ha podido aumentar la visita de sus clientes, ya que por su amabilidad conque ella atiende en su negocio la buscan muy seguido, ella está solicitando este crédito ya que necesita comprar más variedad en productos comestibles como(jabón arroz frijol y más,) que todavía ella no tiene en su negocio, espera que kava le pueda ayudar con el crédito solicitado ya que en estos momentos es cuando ella más necesita de su apoyo para levantar más su negocio en ventas.
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.