Ana Maria is a member of Dúo Pinares de San Juan. She sells clothing like blouses, skirts, pants, and shoes. She travels to the center of the city to buy these products. She sells in an itinerant manner during the week.
Maria needs to invest more capital into her business of selling clothes. Thanks to God, during this end of the year season sales are increasing. She wants to take advantage of this opportunity to have good sales and a tidy income.
Dúo Pinares de San Juan, Es integrada por doña Ana Maria también vende ropa variada como blusas faldas, pantalones y zapatos productos que ella viaja a comprar al centro de la ciudad, y llega a vender de manera ambulante durante la semana, doña Ana Maria necesita invertir más capital en la venta de ropa ya que gracias a Dios en esta fecha de fin de año las ventas aumentan por lo que ella quiere aprovechar la oportunidad y así tener buenas ventas y bonitas ganancias.
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.