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Duo Flores Del Molino Group
In this Group: Maria Balvina , Maria Concepción
Flowers of the Mill Duo

María Balvina, 32, has been raising pigs for more than three years because she found in this type of work a way to earn income to help meet her needs and support her little one-year-old son. She’s requesting this loan to buy piglets to raise because she raises them and when they are big and fat she sells them and this is how she earns profits. She hopes that she will be able to receive this support she needs to get ahead wither little boy.
View original language description ↓
Dúo Flores del Molino. Este Dúo está integrado por la señora María Balvina quien tiene 32 años de edad, ella desde hace más de tres años se ha dedica a la crianza de cerdos ya que ha encontrado en esta labor un ingreso para ayudar a cubrir sus necesidades y de esa forma mantener a su hijo pequeño de tan solo un año de edad, está solicitando este crédito para la compra de cerdos para la crianza ya que ella los crese y ya cuando estén grandes y gordos los vende y es asi como ella obtiene sus ganancias espera que le puedan dar ese apoyo que necesita para salir adelante con su niño.

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
  • 58
    View loans »
    Guatemala Loans Fundraising
  • $8,338,450
    Funds lent in using Kiva
  • 8.0
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Duo Flores Del Molino Group's $450 loan helped a member to buy piglets to raise.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 31, 2012
Listed
Sep 21, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013