Dúo Libano Group
She works selling eggs, which she distributes in Sacsuy and San Raymundo. She hopes to invest in her sales now that she is being asked for eggs in other areas, but she does not have enough capital to invest. If she has more product, she can sell a little more, which is why she is requesting this loan to purchase eggs to sell.
Este dúo lo forma doña Rosa Irma quien nos cuenta que es soltera y trabaja duro para mantener a su mama ya que es la única que sostiene su hogar, y se dedica a la venta de huevos y los distribuye en Sacsuy y San Raymundo, ella espera invertir en su venta ya que ahora le están pidiendo huevos en otro sector pero que no tiene suficiente capital para invertir ya que mientras más producto tenga ella puede vender un poco más,es por eso que está solicitando este crédito para la compra de huevos para la venta.
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