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Dúo Flor Xesujence Group
In this Group: Alma Leticia , Ana Maria
Dúo Flor Xesujence:

Ana Maria is a native of San Francisco, San Martin Jilotepeque. She is a very hard-working woman and she makes a living in hand weaving traditional fabrics. This is how she helps with the expenses in her household.

She is requesting this loan to purchase raw material for the production of traditional handmade fabrics. She expects and hopes that, through FAPE, Kiva can help her invest more in her business.
View original language description ↓
Dúo Flor Xesujence: Ana Maria es originaria de paraje San Francisco San Martin Jilotepeque, es una mujer muy trabajadora ya que ella se dedica a la elaboración de tejidos típicos a mano de esta forma es como ella ayuda con los gastos de su hogar, está solicitando este crédito para la compra de materia prima para la elaboración de tejidos típicos a mano, ella esta espera que y confía en que kiva a través de fape le pueda ayudar para poder invertir más en su negocio.

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

  • $5,300
    Average annual income
  • 102
    View loans »
    Guatemala Loans Fundraising
  • $9,669,775
    Funds lent in using Kiva
  • 8.0
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Dúo Flor Xesujence Group's $525 loan helped a member to purchase raw material for the production of traditional handmade fabrics.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 28, 2012
Listed
Oct 16, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 18, 2013