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Dúo Victoria 3 Group
In this Group: Victoria , Carmen
Victoria 3 Duo.

Victoria is from Sumpango. She has two children who are still little. She owns a shop where aprons and traditional clothing is manufactures and is asking for this loan to buy raw materials (fabric and thread) to make articles of clothing and to make traditional clothes. Thanks to God she’s done well. They promise to continue being punctual with their payments if the loan is granted. Her dream is to continue striving to provide the best for her children.
View original language description ↓
Dúo Victoria 3,Doña Victoria es originaria de sumpango, tiene 2 niños que todabia estan pequeños, ella es dueña de un local donde se confeccionan delantales,y ropa tipica,ella esta solicitando este crédito para la compra de materia prima(telas, e hilo)para la confeccion de prendas de vestir y elaboración de ropa tipica, ya que gracias a Dios les ha ido bien, prometen pagar puntual si se les otorga el crédito el sueño de ella es seguir luchando para darles lo mejor a sus hijos.

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
  • 88
    View loans »
    Guatemala Loans Fundraising
  • $9,860,025
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Dúo Victoria 3 Group's $1,025 loan helped a member to buy raw materials to weave fabric and clothing.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 12, 2012
Listed
Nov 3, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013