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Duo El Socobal Group
In this Group: Lilian Marol , Marta Morales
Marta is a member of this pair, "Dúo El Socobal." She is a native of Chimaltenango and she has five school-age children. She earns her living making and selling tortillas.

Marta is requesting this loan for the purchase of corn, because she needs to make more tortillas to sell and generate more earnings to help her family now. She is grateful for the help offered.
View original language description ↓
Dúo el socobal en este dúo esta se encuentra integrada doña Marta ella es originaria de Chimaltenango, tiene 5 hijos que están en edad escolar ella se dedica a la elaboración y venta de tortillas, está solicitando este crédito para la compra de maíz ya que necesita elaborar más para vender y generar más ganancias para ayudar a su familia desde ya le agradece por la ayuda brindada.

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

  • $5,300
    Average annual income
  • 96
    View loans »
    Guatemala Loans Fundraising
  • $9,959,450
    Funds lent in using Kiva
  • 7.9
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Duo El Socobal Group's $275 loan helped a member to purchase corn to make tortillas to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 3, 2012
Listed
Aug 30, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013