Dúo Belen Group
El grupo lo forma doña María de Jesús Chamale Suruy, quien nos cuenta que vende refacciones en las tardes en su casa además vende un poco de ropa típica de forma ambulante tres veces a la semana por las mañanas, en el caserío los sineyes, solicita el crédito porque quiere comprar un poco de leña y algunas verduras y frutas por mayor a la terminal porque comprando allí se la dan a buen precio y puede obtener un poco mas de ganancia.
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