Dúo Mujeres Solidarias Group
Rosa María is part of this duo. She says she's married and has four children in school. She has made a living fabricating clay griddles for several years.
She says she's requesting this loan to buy materials to continue making griddles. She's also going to buy firewood because what little she had ran out and she needs to buy it wholesale to get the best price.
With her job she helps her children with their studies because her husband works in the city and comes back every week or two. She says what he gives her is not enough. She hopes her loan is approved because she needs to improve her family and herself as a woman.
Este dúo lo forma doña Rosa María, quien nos cuenta que es casada y tiene 4 hijos que están estudiando en la escuela, ella se dedica a la elaboración de comales de barro desde hace varios años y nos cuenta que solicita este crédito para comprar materiales para seguir trabajando en la elaboracio de comales y tambien para la compra de leña porque el poco que tenia se le termino y necesita comprar por mayor que es donde le sale más favorable, con su trabajo ella ayuda a sus hijos para sus estudios ya que su esposo trabaja en la capital y baja cada ocho días o cada quince días y nos cuenta que lo que el le da no le alcanza, y espera que se le autoriza porque necesita superarse ella como mujer y su familia,
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