Rocael is a member of this duo. He owns an electronics repair shop; he’s a specialist in electro mechanics and has been in this occupation for more than ten years. He works hard and strives to get ahead and to provide the best for his family this way. He’s requesting this loan to buy spare parts for his shop. He hopes to be helped with the requested loan and he wishes you a happy new year and many blessings.
DUO ROCA FUERTE ESTA CONFORMADO POR DON ROCAEL ES PROPIETARIO DE UN TALLER DE ELECTROMECANICA. DON ROCAEL ESTA ESPECIALIZADO EN LA ELECTROMECANICA Y DESDE HACE MAS DE 10 AÑOS SE DEDICA A ESTE OFICIO Y LUCHA Y TRABAJA ARDUAMENTE PARA SALIR ADELANTE Y ASI PODER DARLE LO MEJOR A SU FAMILIA. EL ESTÁ SOLICITANDO ESTE CREDITO PARA LA COMPRA DE REPUESTOS PARA SU TALLER ESPERA QUE LE PUEDAN AYUDAR CON EL CREDITO SOLICITADO Y DESDE YA LES DESEA UN FELIZ AÑO NUEVO Y MUCHAS BENDICIONES.
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.