Dúo Triunfadoras De Cañadas Group
Nohelia, age 43, has been a businesswoman for several years. Nohelia is the leader of this group. She travels to the San Juan Sacatepéquez market very early in order to manage to sell the cakes that she makes every day. In order to do so, her 17 year old daughter helps her.
She also travels to the Aldea Loma Alta in order to sell school supplies and toys, among other things. She sells in the areas around the central school there.
She is requesting this loan to buy supplies to make cakes.
Doña Nohelia de 43 años de edad,es negociante desde hace varios años, doña Nohelia líder de este grupo desde muy temprano viaja al mercado de San Juan Sacatepéquez para lograr vender los pasteles que ella elabora todos los días, para esto cuenta con la ayuda de su hija de 17 años de edad, también viaja hacia la Aldea Loma Alta para vender útiles escolares, juguetes entre otras cosas afueras de la escuela central de esta localidad, esta solicitando este credito para la compra de insumos para la elaboracion de pasteles.
About FAPEFAPE, 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.
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