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Dúo Bethel Group
In this Group: Moises Jeremias, Angela
Angela is a member of the Dúo Bethel community bank group. She is 60 years old and has 5 children, all of whom are married, which is why she lives alone in her house. She has had a small store for many years where she sells groceries. She is requesting a loan to buy grocery products for her store because she needs to be able to offer a wider variety of products to her customers.
View original language description ↓
Dúo Bethel, Angela tiene 60 años de edad, tiene 5 hijos de los cuales ya todos estan casados por ese motivo ella ya se encuentra sola viviendo en su casita, y tiene una tienda de productos comestibles desde hace años, ella esta solicitando este credito para la compra de productos comestibles para su tienda ya que nececita tener mas bariedad para ofreserles a sus clientes.

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
  • 98
    View loans »
    Guatemala Loans Fundraising
  • $9,136,050
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Dúo Bethel Group's $650 loan helped a member to buy grocery products for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 25, 2013
Listed
Feb 6, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 18, 2013