Dúo Unidas Para Triunfar Group
Nelli Jocabed, 23, is married and has two children. She lives in the village of Santa Ana Antigua, Guatemala. She has a grocery store that’s open every day. She’s been working since she was very young in order to get a place of her own to live in with her children and also to provide them with schooling. This is why she’s requesting this loan in order to buy food items because she needs to invest more in her store to continue growing and striving for her dreams.
La señora Nelli Jocabed de 23 años de edad es casada y tiene 2 hijos vive en la aldea Santa Ana Antigua Guatemala, ella tiene una tienda de consumo diario la cual atiende todos los días, a temprana edad está trabajando para lograr compra un lugar propio donde vivir con sus hijos y también para darles estudio a sus hijos por esa razón está solicitando este crédito para la compra de productos comestibles ya que necesita invertir más en su tienda para seguir creciendo y luchar por sus sueños
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