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Dúo Flor De Fresa Group
In this Group: Rafaela , María Berta Lidia
Part of Dúo Flor de Fresa, Rafaela is originally from the town of Vista Bella Tecpan. She has three children and she works making traditional weavings by hand. Day by day she works creating her products since this is the way that she can provide for her children's needs since her husband died a few years ago. She is requesting this loan to purchase supplies for the creation of traditional weavings to sell.
View original language description ↓
Dúo Flor de Fresa, Rafaela es originaria de la aldea Vista Bella Tecpán tiene 3 hijos y ella se dedica a la elaboración de tejidos típicos a mano, ella día a día se dedica a elaborar su producto ya que es la forma de darles lo necesario a sus hijos ya que su esposo murió hace unos años, está solicitando este crédito para la compra de materia prima para la elaboración de tejidos típicos para la venta.

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
  • 61
    View loans »
    Guatemala Loans Fundraising
  • $9,070,525
    Funds lent in using Kiva
  • 7.9
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Dúo Flor De Fresa Group's $525 loan helped a member to buy supplies for the creation of traditional weavings 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:
Apr 18, 2013