Dúo Flor Del Café Group
Simona is from San Jose Poaquil, within the Chimaltenango department. She has two minor children and sells vegetables in the Poaquil market. Each day she goes out very early to make her sales, as she is well known by her customers. Her market stall is visited be the entire population and she has had this business for years. Thanks to God it has grown every year and she has been able to satisfy the population’s needs.
Thanks to her husband’s support, she is able to continue her business and provide support for the family’s needs.
Her dream is to expand and stock her business to obtain greater earnings and send her children to a better school. She is asking for this loan in order to buy vegetables.
Doña Simona es originaria del municipio de San Jose Poaquil, departamento de Chimaltenango, ella tiene bajo su responsabilidad a sus dos hijos menores de edad, se dedica a la venta de verduras en el mercado municipal de Poaquil, todos los días desde temprano salen a vender ya que es conocida por sus clientelas y el puesto que tiene en el mercado es visitado casi por toda la población ella cuentan con este negocio desde hace años y gracias a Dios cada año han crecido bastante y han podido satisfacer a las necesidades de la población.
Gracias al apoyo de su esposo ella sigue con su negocio ya que el apoya con las necesidades que tiene en su familia.
El sueño de ella es ampliar y surtir mas su negocio para obtener mejores ganancias y mandar a sus hijos a una mejor escuela. Esta solicitando este credito para la compra de verduras.
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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