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Solidario Génesis Group
In this Group: Olga Marina , Antonieta , Carlos
Génesis Solidarity Group:
Olga Marina, age 45, is from Chimaltenango. She is a very responsible and enterprising person. She enjoys selling very much; it is her favourite thing to do. She has sold basic food goods in the local municipal market for several years. She is requesting this loan for the purchase of more basic food goods to sell, since she needs some stock. Her customers are making orders and sometimes she does not have the products that they request. She hopes that you will be able to help her get ahead through this loan.
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Grupo Solidario Génesis:
Olga Marina de 45 años de edad es originaria de Chimaltenango, es una persona muy responsable y muy emprendedora ya que le gusta mucho vender y es la actividad que más le gusta, ella se dedica a la venta de productos comestibles de primera necesidad, desde hace varios años vende en el mercado municipal de su localidad, está solicitando este crédito para la compra de más productos comestibles de primera necesidad para la venta ya que le falta artículos por tener ya que sus clientes le hacen pedidos y ella en veces no tiene los productos que le piden, espera que por medio del crédito le puedan ayudar a salir adelante.

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
  • 72
    View loans »
    Guatemala Loans Fundraising
  • $9,426,400
    Funds lent in using Kiva
  • 8.0
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Solidario Génesis Group's $900 loan helped a member to purchase more basic food goods.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 21, 2012
Listed
Oct 14, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 18, 2013