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Dúo Vida Y Amor Group
In this Group: Maria Angelina , Sofia
Life & Love Duo

Sofía is one of the members of this group. She’s from San Juan Comalapa and is a very enterprising person. She’s been working hand weaving traditional fabrics for several years. Her work is all based on prior customer orders so that she doesn’t waste time at work; she’s always busy this way. She’s asking for this loan to buy raw materials needed to weave traditional fabrics.
View original language description ↓
Dúo Vida y amor, este grupo está integrado por la señora Sofía quien es originaria de San Juan Comalapa, es una persona muy emprendedora tiene ya varios años de dedicarse a la confección de tejidos típicos a mano ella trabaja solo con personas que le hacen pedidos ya que así no gasta mucho de su tiempo para entregar ya que siempre está ocupada con su actividad que realiza está solicitando este crédito para la compra de materia prima para la confección de tejidos típicos.

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
  • 68
    View loans »
    Guatemala Loans Fundraising
  • $8,754,075
    Funds lent in using Kiva
  • 7.9
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Dúo Vida Y Amor Group's $400 loan helped a member to buy raw materials to weave traditional fabrics.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 17, 2012
Listed
Sep 12, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013