Aura Marina is a member of the communal bank Dúo Consuelo de Dios. She is a native of San Juan Comalapa. She has three children, only one of whom is in school. This is due to the fact that Aura Marina is a widow and through her efforts she is only able to afford an education for one child. However, she has not given up and still hopes to be able to send her other children to school.
She makes and sells traditional Guatemalan clothing. She is seeking a loan so she can purchase materials to make her finished products. She hopes that Kiva can help her obtain these funds so that she will be able to continue fighting and realize her dreams.
Dúo Consuelo de Dios. En este dúo se integra doña Aura Marina, ella es originaria de San Juan Comalapa, ella tiene 3 hijos y solo uno de ellos está estudiando ya que es viuda y con sus esfuerzos solo puede darle estudio a uno, pero no se da por vencida ya que no pierde la esperanza de mandar a sus otros hijos a estudiar, ella se dedica a la elaboración y venta de güipiles y por esa razón está solicitando este crédito para la compra de materia prima para la elaboración de güipiles, espera que Kiva le pueda ayudar con el crédito solicitado ya que de esta manera ella podrá seguir luchando y cumplir sus sueños.
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.