Duo Sumpango Sacatepéquez Group
This duo includes Emiliana who is a Sumapango native and married with two children. She makes a living sewing and embroidering and has done so for many years.
She starts embroidering very early in the morning as she needs a completed blouse with all of the embroidery every month. She also has to sew aprons, something which has cost her a lot due to her manual sewing machine. For this reason, she is asking for the loan in order to buy raw materials for embroidery and an electric sewing machine which will be a great help to her.
Este dúo está integrado por la señora Emiliana ella es originaria de Sumapango, es casada y tiene 2 hijos ella se dedica a hacer costuras y bordados se dedica a esta actividad desde hace varios años, desde muy temprano empieza a bordar ya que cada mes tiene que sacar una blusa ya terminada con todos los bordados, y también tiene que coser delantales algo que le a costado mucho ya que la máquina que tiene es manual, es por eso que está solicitando este crédito para la compra de materia prima para bordados, y también para la compra de una máquina eléctrica ya que le será de mucha ayuda.
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