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Dúo Patzun Group
In this Group: Leticia , Maria Mercedes
María Mercedes is a hardworking woman who sells things and has her own business. This is the only way she has been able to get ahead. She is a single mother with no one to help her, but thanks to God things are going well for her and she makes an effort to provide her products; she sells kitchen utensils, and blenders. This time she has the chance to travel to Tapachula, Mexico to buy her products. She buys nice, inexpensive things there and wants to take advantage of this so that she can offer her customers good products at good prices. Her wish is to work hard so that she can replay this loan and not be in bad light and continue ahead with God’s help.
View original language description ↓
Dúo Patzun. La señora María Mercedes, es muy trabajadora le lo que hace que es vender y tiene su negocio, ya qué solo así ha podido salir adelante ella es madres soltera y no hay nadie quien la ayude y gracias a Dios le va bien se esfuerza en ofrecer su producto ella vende vajillas de trastos de cocina y también licuadoras. Esta vez tiene la oportunidad de viajar a Tapachula México para comprar su producto ya qué haya consiguen cosas bonitas y baratas y quiere aprovechar para invertir y ofrecer a sus clientes producto bueno de buena calidad . el deseo de ella es luchar para pagar su crédito que solicita y no quedar mal y seguir adelante mientras Dios
Les presta vida.

Additional Information

About FAPE

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.

About Guatemala

  • $4,155
    Average annual income
  • 94
    View loans »
    Guatemala Loans Fundraising
  • $9,105,075
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Dúo Patzun Group's $650 loan helped a member to buy merchandise.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 30, 2012
Listed
Dec 12, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 18, 2013