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Dúo Semillas De Esperanza Group
In this Group: Mayra Alejandra, Lidia Oneida Aracely
One member of "Dúo Semillas de Esperanza" (Seeds of Hope Duo) is Lidia Oneida, 21, who makes a living making and selling typical weaves. She has been doing this work for two years, and is requesting a loan for the purchase of material for the creation of weaves so that she can continue with her business.
View original language description ↓
Dúo Semillas de Esperanza, este duo esta conformado por la señora Lidia Oneida, de 21 años de edad, ella se dedica a la elaboracion y venta de tejidos tipicos, ella se dedica a esta actividad desde hace 2 años, y esta solicitando este credito para la compra de materia prima para la elaboracion de tejidos y asi seguir con su negocio.

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
  • 71
    View loans »
    Guatemala Loans Fundraising
  • $9,872,275
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Dúo Semillas De Esperanza Group's $525 loan helped a member to buy material for the creation of typical weaves.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 18, 2013
Listed
Feb 6, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 18, 2013