Dúo Margaritas De San Mateo Group
Alba Nineth, 37, is part of this duo. She has six children, all of whom are students. She makes a living growing green beans and zucchini.
She's requesting this loan to invest in buying seeds and fertilizer to grow green beans because the season is beginning again right now.
Her goal is to continue cultivating her land and see that her children finish their studies. She hopes that with the loan she can help herself and get ahead with her children.
Este dúo está conformado por doña Alba Nineth, ella tiene 37 años de edad y tiene 6 hijos y todos están estudiando, ella se dedica a la siembra de ejote, y Suchini , y esta solicitando el crédito para la inversión en la compra de semillas y abono para el cultivo de ejote ya que ahorita comienza la temporada de ejote nuevamente y su propósito es seguir cultivando sus terrenos y ver que sus hijos todos logren terminar sus estudios,espera que por medio de el crédito ella pueda ayudarse y salir adelante con sus hijos.
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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