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Dúo Shama Group
In this Group: Maria Estela , Leona
Shama Duo.

María Estela is the group leader. She relates that she’s married and has two children who are attending school. She’s been selling traditional clothing for ten years now and she relates that she needs the loan to buy traditional clothes since this type of clothing is very expensive and she needs much capital but she wants support so that she can increase her business now. She goes out to the villages to sell a bit more and her customers request new styles of blouses, sandals and sweaters. She hopes to satisfy her customers because September is approaching and that’s when they buy clothes for the various parades that occur in the communities. She hopes for the support like Kiva’s given her.
View original language description ↓
DUO SHAMA
doña María Estela quien es la líder del grupo, nos cuenta que está casada y tiene 2 hijos nos cuenta que están estudiando y ella vende ropa típica desde hace ya 10 años, y nos cuenta que necesita el crédito para comprar ropa típica ya que este tipo de ropa es muy caro y necesita mucho capital, pero ella quiere un apoyo para incrementar su negocio ahora, sale a vender a las aldeas para vender un poco mas y su clientela le pide nuevos estilos de blusas, sandalias y suéteres ella espera complacer a la clientela ya que se acerca septiembre el mes en donde compran ropa para los diferentes desfiles que hay en las comunidades espera el apoyo como kiva le ha brindado.

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
  • 64
    View loans »
    Guatemala Loans Fundraising
  • $9,064,775
    Funds lent in using Kiva
  • 7.9
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Dúo Shama Group's $1,025 loan helped a member to buy traditional clothes to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 17, 2012
Listed
Sep 11, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013