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Dúo Grande Solo Dios Group
In this Group: Susana , Hugo Leonel
This duo is formed by Hugo and Susana, Susana is from Tecpan who has seven young children and works on hand crafted fabrics that are sometimes custom ordered such as cloth napkins, she doesn't always commit to making them as she doesn't have enough working capital, she requests a loan to buy raw materials to make typical hand-crafted fabrics.
View original language description ↓
Dúo Grande solo Dios.
Este Dúo está conformado por la señora Susana originaria de Tecpán, tiene 7 hijos menores de edad, ella se dedica a la elaboración de tejidos típicos a mano a veces le hacen pedidos de tejidos como servilletas típicas pero ella no se compromete a elaborarlos ya que no cuenta con suficiente Capital para trabajar, ella está solicitando este crédito para la compra de materia prima para la elaboración de tejidos típicos.

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
  • 99
    View loans »
    Guatemala Loans Fundraising
  • $9,135,975
    Funds lent in using Kiva
  • 8.0
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Dúo Grande Solo Dios Group's $400 loan helped a member to buy raw materials to make typical hand-crafted fabrics.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 17, 2012
Listed
Oct 5, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 18, 2013