Dúo Rosario Group
The leader of this group is doña Mirna Susana. She is 36 and has three children, who are all single. She sells cosmetics and clothing for children and adults. She also does haircuts at home, Many people visit her these days because she offers many different types of cosmetics in large quantities, such as creams, perfumes, powders, and so on. The women also ask her for pants and sweaters. But she does not have enough money to buy these, so she is seeking a new loan to buy cosmetics and clothing for her clients.
Este grupo está compuesto por doña Mirna Susana, quien es la líder, ella tiene 36 años de edad , tiene 3 hijos que todavia estan solteros,ella se dedica a la venta de cosméticos y a la venta de ropa de niños y adultos, también ella hace cortes de pelo, en su local. Hoy en día varias personas la visitan porque ofrece diferentes tipos de cosméticos y en gran cantidad, como cremas, perfumes, talcos y más. También las muchachas le piden muchos pantalones y suéteres, pero a ella no le alcanza el poco dinero que tiene, por tal motivo desea hacer una nueva solicitud para poder comprar más Cosmeticos y ropa y así ofrecerle a sus clientes.
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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