Dúo Las Victorias De San Martin Group
She is requesting a loan in order to purchase shoes in different designs because her customers have asked her for new styles and she needs to stock up to fill their orders.
She hopes that Kiva can help her with funding.
Este Dúo está integrado por la señora Victoria, de 49 años de edad y tiene 3 hijos, ella se dedica a la venta de Calzado desde hace 5 años, vende distintos diseños y tamaños de calzado ya que es de esta forma como ella ayuda económicamente a su familia, está solicitando este crédito para la compra de Calzado en diferentes diseños ya que sus clientes le solicitan nuevos estilos, y necesita surtirles para satisfacer sus necesidades espera que Kiva le pueda ayudar con el crédito solicitado.
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