Dúo Mujeres De Xetzac Group
Her dream is to be able to have a larger business to generate more earnings, and through this, to be able to send her children to the university. In the photograph, they are depicted at the small business of the other group member, for reasons of distance.
El sueño de ella es poder tener un negocio más grande para generar más ganancias y por medio de ello poder mandar a sus hijos a la universidad. en la fotografia aparecen en el negocito de la siguiente socia por motivo de distancia.
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