Dúo Verdad Y Vida Group
Dora Leticia is 25 years old, married, and the mother of two girls, ages 9 and 7, and a five year old boy. Dora has been the leader of this duo for two years and makes and sells tortillas. She recently added firewood sales to leverage the need of those to visit her to buy tortillas, which she makes. She is asking for this loan to buy dried corn and firewood to sell.
Dora Leticia de 25 años de edad casada y madre de dos niñas de 9 y 7 y un varón de 5 años de edad, doña Dora líder de este dúo desde hace dos años se ha dedicado a la elaboración y venta de tortillas actualmente ha incluido la venta de leña aprovechando la visita de las personas que vistan su domicilio para la compra de tortillas el cual ella elabora en dos tiempos de comida. Esta solicitando este credito para la compra de maiz y leña 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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