Dúo Mujeres Del Campo Group
This duo is composed of doña Wendy Rocío, who is a house wife and has a son and makes bread on Mondays and Thursdays at the bakery.
She is requesting this loan to buy some materials for making bread, such as firewood, flour and sugar, which is what is needed the most. She has two jobs; one as a teacher in the morning, but she does not earn enough in order to support herself; and she also makes and sells bread.
She feels very enthusiastic, because she believes that with FAPE's support, she will be able to get ahead with her business.
Este dúo lo forma doña Wendy Roció, quien es madre de familia, tiene 1 hijo y se dedica a la elaboración de pan los días lunes y jueves en la panadería y solicita este crédito para comprar algunos materiales para la elaboración del pan como( leña, harina y azúcar) que es lo que más se necesita, ella mantiene 2 ocupaciones una como maestra en la mañana pero lo que gana no es suficiente para sostenerse y también se dedica a elaboracion y a vender pan, está entusiasmada porque cree que con el apoyo de fape ella va a poder seguir adelante con su negocio.
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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