Gladis, 40, is a member of the communal bank Duo Rositas de San Bartolo. She sells groceries such as water, sodas, sweets, bread, sugar, noodles, eggs, and wood in San Bartolomé Milpas Altas. She has three children, two boys and a girl, who attend elementary school. Gladis is requesting a loan to buy more groceries and increase her inventory because she wants to take advantage of the local fair, which will be held soon. Her goal is that she and her husband will be able to see their children complete the school year sucessfully.
Historia duo Rositas de San Bartolo
Este duo esta conformado por doña Gladis ella tiene 40 años de edad se dedica a la venta de productos comestibles de consumo diario en san Bartolomé Milpas Altas, tales como aguas gaseosas, golosinas, pan, azúcar y fideos, huevos, y ha complementado su negocio con venta de leña, ella tiene tres hijos dos varones y una señorita todos están estudiando ya en básicos, doña Gladys esta solicitando el crédito para la inversión de en mas productos comestibles ya que quiere aprovechar porque se acerca la feria de su pueblo y así lograr surtir mas su negocio su propósito es que junto con su esposo logren ver que sus hijos terminen el año con éxito en sus estudios.
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.