Dúo Pinares De San Juan Group
The leader of this group is Ana María, 44. She started her business a year ago thanks to support from her partner, both are very motivated and support each other to get ahead. They both live in San Juan Sacatepéquez and they get together on Saturdays to make Guatemalan and Mexican tamales. Ana María also sells clothes for children and adults during the week thereby earning extra income to help her husband and care for her three children. She’s requesting this loan to buy ingredients to make the tamales and also to buy new clothes to sell.
La líder de este grupo es doña Ana Maria de 44 años de edad quien inicio su negocio hace un año gracias al apoyo de su compañera ya que ambas se dieron animos y apoyo mutuo para salir adelante,ellas viven en la localidad de San Juan Sacatepéquez, y los días sábados se unen para la elaboración de tamales Guatemaltecos y tamales Mexicanos, doña Ana Maria también se dedica entre semana a la venta de ropa para niños y grandes, teniendo así un ingreso mas para apoyar a sus esposo y cuidar así de sus 3 hijos, está solicitando este crédito para la compra de insumos para la elaboracion de tamales y tambien para la compra de ropa nueva para la venta.
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