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Dúo Inspiración De Sacatepequez Group
In this Group: Dominga , Mirna
Dúo Inspiracion de Sacatepequez, includes the representative Dominga, a 41 year old single mother. She has been devoted to growing and selling vegetables for 21 years at the market in the capital. She grows green beans, spinach, chard and watercress. She has two employees, and they grow in various plots in order to not depend on only one harvest. She is requesting this loan to purchase seeds and fertilizer for cultivation. She needs capital to invest in order to grow new legumes.
View original language description ↓
Dúo Inspiracion de Sacatepequez, integrado por la representante Dominga de 41 años madre soltera, se dedica al cultivo y venta de verduras de su producto desde hace 21 años, en el mercado de la capital, ella cultiva ejote, espinaca, acelga, berro, y siembra en varios terrenos que posee para no depender solo de una cosecha, tiene dos empleados, necesita un capital para invertir y cultivar nuevas legumbre,esa solicitando el credito para la compra de semillas y abonos para el 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

  • $4,155
    Average annual income
  • 70
    View loans »
    Guatemala Loans Fundraising
  • $8,352,425
    Funds lent in using Kiva
  • 8.0
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Dúo Inspiración De Sacatepequez Group's $525 loan helped a member to purchase seed and fertilizer for cultivation.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 14, 2012
Listed
Jan 9, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 18, 2013