Dúo Cantares Group
Santos is a native of Xenimajuyu village in the municipality of Tecpan. She has a child of minor age and a shop that sells items for daily consumption. Her shop is located in the center of Tecpan. She also raises chickens. These are the means by which she and her family get by.
She started with a small little shop and thankfully, her business has prospered over time and now her store has more stock and a variety of products to offer customers. She is requesting this loan to buy food products to sell.
Doña Santos es originario de la aldea Xenimajuyu municipio de Tecpan ella tiene un hijo menor de edad y cuenta con una tienda de venta de artículos de consumo diario su tienda se ubica en el centro de Tecpan. También ella se dedica a la crianza de pollos, son los medios que ella tiene para salir adelante con su familia.
Ella empezó con una pequeña tiendecita y gracias a Dios conforme el tiempo ha pasado su negocio a prosperado y ahora su tienda ya lo tiene mas surtido y con una variedad de productos que ofrecer a sus clientelas, está solicitando este crédito para la compra de productos comestibles para la venta.
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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