Solidario Solidarista includes Manuela, a 36-year-old mother of two daughters. She sells different food products like cream cheese, cottage cheese, etc. She has been doing this for 4 years. Her intention is to make her business larger and give what is necessary to her children so that they may have a better future.
She is requesting this loan in order to buy more food products (cream cheese, cottage cheese, etc.). She hopes that you can help her with this loan since it is the second time that she has requested Kiva's assistance. In the first loan, she paid punctually and did not default.
Solidario Solidarista, este grupo está formado por la señora Manuela de 36 años de edad madre de 2 niñas ella se dedica a la venta de diferentes productos comestibles como, queso crema, requesón etc., tiene 4 años de dedicarse a esta actividad el propósito de ella es agrandar más su negocio y darles lo necesario a sus hijos paraqué tengan un mejor futuro, está solicitando este crédito para la compra de más productos comestibles( queso crema, requesón etc.,)espera que le puedan ayudar con el crédito ya que es la segunda vez que solicita de la ayuda de kiva en el primer crédito pago puntual y no callo en mora.
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.