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Dúo Paz Y Gozo Group
In this Group: Micaela, Eufemia
Peace and Joy Duo

Micaela is from Tecpan. She has two minor children and her economic activity is working manufacturing traditional textiles by hand; she also raises chickens. She’s been doing this for years because it’s her only means of family support since her husband is of low economic resources. Her husband works as a day laborer and his salary helps Micaela with the business. Thanks to his support, she’s able to continue forward. Her dream is to expand the business more in order to earn higher profits and to send her children to a better school.
View original language description ↓
DUO PAZ Y GOZO
Doña Micaela es originaria de Tecpan, tiene dos hijos menores de edad y se dedica a la elaboración de tejidos típicos a mano y como actividad economica se dedica a la crianza de pollos.
Desde hace años ella viene realizando esta actividad porque es el único medio que tiene para sacar adelante a su familia ya que su esposo es de escasos recursos económicos.
El esposo de ella trabaja como jornalero y con el sueldo de el apoya a doña Micaela para realizar su negocio gracias al apoyo de el el sigue adelante.
El sueño de ella es ampliar mas su negocio para obtener mejores ganancias y mandar a sus hijos a una mejor escuela.

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
  • 97
    View loans »
    Guatemala Loans Fundraising
  • $9,658,675
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Dúo Paz Y Gozo Group's $525 loan helped a member to buy raw materials to manufacture traditrional textiles.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 26, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013