Dúo Buena Vista Dos Group
She says that Christmas parties are getting closer and she already has several orders for blouses but the material she has is not enough to make the orders for her clients. This is why she needs a loan to be able to buy material in bulk which will cost her less. She needs to buy several materials because she works with various colours. She is asking for this loan to buy the materials to make clothes.
El grupo está formado por las señora Marta Lucrecia quien vive en Aldea Buena Vista, San Pedro Sacatepéquez, se dedica al bordado de blusas de tela a máquina y hace sus entregas en el mercado del pueblos. Ella tiene 4 hijos quienes están estudiando y vive con su esposo quien también es comerciante de playeras. Ella nos cuenta que se aproximan las fiestas de navidad y ya tiene varios pedidos de blusas pero los hilos que utilizan no le son suficientes para sacar el pedido de sus clientes por ello necesita capital para poder comprar los hilos en cajas la cual le cuestan menos y necesita comprar varias cajas porque ella trabaja con varios colores. Esta solicitando este credito para la compra de materia prima para la elaboracion de prendas de vestir.
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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