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Duo Xejul Group
In this Group: Aura Cristina , Maria Ester
Dúo Xejul: This group has as a member Ms. Ester who is from San Juan Comalapa. She has small school-aged children. She earns a living making traditional embroidered dresses which she has done for a number of years. She is seeking this loan for purchasing raw materials for making the traditional weavings since her customer base has grown and she needs capital in order to continue working.
View original language description ↓
Dúo Xejul Este grupo está integrado por la señora Ester, ella es originaria de San Juan Comalapa tiene hijos pequeños en edad escolar ella se dedica a la elaboración de güipiles típicos desde hace varios años y está solicitando este crédito para la compra de materia prima para la confección de tejidos típicos ya que sus clientes han aumentado y necesita capital para seguir trabajando.

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

  • $4,155
    Average annual income
  • 41
    View loans »
    Guatemala Loans Fundraising
  • $8,598,975
    Funds lent in using Kiva
  • 7.9
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Duo Xejul Group's $525 loan helped a member to purchase raw materials for making traditional weavings.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 17, 2012
Listed
Sep 10, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013