Hortencia, 54, is part of this duo. She has a 17-year-old son and she’s asking for this loan to invest in the purchase of catalog products like shampoo, disinfectants, lotions and creams since she’s been in this business for 12 years now. Her wish on this occasion is to continue keeping the business maintained since in time with God’s help it’s been growing and this is how she’s been able to support her son. Her goal is that he continues with his schooling and prepares himself to someday have the opportunity for good employment. For this reason she’s asking for this loan to buy catalog items like shampoo, disinfectant, lotion, cream, etc.
dúo Amanecer de San Bartolo. Este dúo está conformado por doña Hortencia ella tiene 54 años de edad y un hijo varón de 17 años, ella está solicitando el crédito para la inversión de su venta de productos por catalogo como shampoo, desinfectantes, lociones, cremas que desde ya hace doce años se dedica a este negocio, su anhelo en esta ocasión seguir manteniendo su negocio ya que con el tiempo gracias a dios a ido creciendo ya que de esa manera a sacado a su hijo adelante su propósito es que el siga estudiando y se prepare para tener un día una mejor oportunidad de empleo,es por esa Razon que esta solicitando este credito para la compra de productos por catalogo,shampoo, desinfectantes, lociones, cremas, etc.
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.