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Solidario El Roble Group
In this Group: Amalia, Angela Samara , Marleny Aracely
Amalia, is a member of the group Solidario El Roble. She is 34 years old and a native of Antigua, Guatemala. She has been selling Avon cosmetics for five years. She has struggled day in and day out to help her family get ahead.

She is requesting this loan in order to purchase Avon cosmetic products. Given that her sales have increased, she needs additional funds in order to continue her work. She hopes this loan that she requested will help.
View original language description ↓
Solidario El Roble. este grupo está conformado por la señora Amalia de 34 años de edad, originaria de Antigua Guatemala,ella se dedica a la venta de cosmeticos de avon, se dedica a esta actividad desde hace 5 años, a luchado dia a dia para sacar adelante a su familia, esta solicitando este crédito para la compra de cosmeticos de avon ya que sus ventas han aumentado y nececita más capital para trabajar espera que le puedan ayudar con el crédito solicitado.

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
  • 60
    View loans »
    Guatemala Loans Fundraising
  • $8,798,275
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Solidario El Roble Group's $450 loan helped a member to purchase cosmetic products for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 24, 2012
Listed
Nov 8, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013