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Dúo Resusitado Group
In this Group: Clara, Cruz
Cruz is a member of the group Duo Resucitado. She makes a living in growing green beans, peas, zucchini, and spinach. She has crops in different places in order to harvest every five days and to not be without work or without an income.

Cruz has already been working in this business for twenty years and knows about all the tasks. She delivers her products to a cooperative located in Santiago. Her young children always help her and they are still studying in school. Her husband is a security guard at a company.

She is requesting a loan in order to buy seeds and manure for her crop.
View original language description ↓
Duo Resucitado, integrado por Cruz quien se dedica al cultivo de ejote, arveja, suchini, espinaca, tiene cultivado en diferentes lugares para cosechar cada cinco días y no estar sin trabajo y sin ingresos, Doña Cruz ya tiene 20 años en el negocio y saber todos los movimientos, entrega sus productos a una cooperativa ubicada en Santiago, siempre le ayudan sus dos hijos menores y que aun estudian, su esposo es seguridad de una empresa, esta solicitando este credito para la compra de semillas y abono para su cultivo.

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

  • $5,300
    Average annual income
  • 97
    View loans »
    Guatemala Loans Fundraising
  • $9,667,175
    Funds lent in using Kiva
  • 8.0
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Dúo Resusitado Group's $950 loan helped a member to buy seeds and manure for her crop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 14, 2012
Listed
Jan 25, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014