Dúo Elim is composed of Marta Olivia and Lidia del Rosario. Lidia del Rosario has told us that she has 2 children who are already married. She sells flip-flops for men, women and children, as well as shoes, children’s clothes and T-shirts. She thanks God because things have been going well so far, and as the Christmas season is approaching she wants to increase her earnings by supplying her shop with new shoes sizes, on top of selling toys for children, being this in tune with the season. She hopes to receive support because these are the only months where she can increase her sales; next January she wants to start selling clothes and uniforms for children who start going to school for the first time.
Este dúo lo forma la señora Marta Olivia y la señora Lidia Del Rosario. Lidia Del Rosario tiene 2 hijos y son casados vende yinas, (para dama y caballeros y niños) también zapatos y ropa para niños y playeras, gracais a dios le ha ido bien ahora que se aproxima la época navideña ella quiere aumentar sus ingresos surtiendo su negocio con nueva numeración de calzado, y además vender juguetes para niños ya que es la temporada y espera que se le pueda apoyar ya que son los únicos meses en que las ventas incrementan ya que en enero ella quiere empezar a vender ropa y uniformes para los niños que empiezan ir a la escuela.
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.