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Dúo Luz Brillante Group
In this Group: María Luisa , Matilde
“Brilliant Light” Duo.

María Luisa is originally from Tecpan, Guatemala. She works weaving traditional textiles by hand. She started her business years ago and thanks to God her business has moved forward and prospered since she has her own clientele that seeks her out for her products. Her dream is to be able to expand the business more to earn higher profits and send her children to a better school for a better future. She’s had a previous loan and was punctual with it; she had no late payments. She’s requesting this loan to buy raw materials to hand weave traditional fabrics.
View original language description ↓
Dúo Luz Brillante, Doña Maria Luisa es originaria de tecpan Guatemala ella se dedica a la elaboración de tejidos tipicos a mano ella empeso su negocio desde hace años y gracias a Dios ha Salido adelante su negocio a prosperado y ya tiene su propia clientela que lo busca por su producto el Sueño de ella es poder ampliar más su negocio para obtener mejores ganancias y asi mandar a sus hijos a una mejor escuela para un futuro mejor.ella ya tubo un credito anterior y estubo puntual y no cayo en mora,esta solicitando este crédito para la compra de materia prima para la elaboración de tejidos tipicos a mano.

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
  • 44
    View loans »
    Guatemala Loans Fundraising
  • $8,580,500
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Dúo Luz Brillante Group's $525 loan helped a member to buy raw materials to weave traditional textiles by hand.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 5, 2012
Listed
Nov 3, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 18, 2013