Thelma is one part of the two-person group called "Dúo Libano." She is 33 years old, married, and has two children. For a while, she has worked selling daily food staples. She thanks God that her business has been growing little by little. She is requesting this loan for the purchase of groceries to sell because her customers always ask her for products that she doesn't have. She hopes that through Kiva, she will be able to keep striving to get ahead by meeting this customer demand.
Dúo Libano, este dúo esta integrado por la señora Thelma quen tiene 33 años de edad ella es casada y tiene dos hijos, ella desde hace tiempo se dedica a la venta de productos de consumo diario, le da gracias a Dios ya que su negocio poco a poco ba creciendo es por eso que esta solicitando este credito para la compra de productos comestibles para la venta ya que su clientela siempre le piden productos que ella no tiene por la demanda que presentan su clientes, espera que por medio de ustedes ella pueda seguir luchando para salir adelante.
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.