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Dúo Fortaleza Group
In this Group: Jose Wenceslao, Ana Lilian
This is the communal bank "Dúo Fortaleza." Jose, a member of the bank, is a farmer who cultivates vegetables. He's been farming for a number of years. He is requesting this loan so that he can buy seeds and organic fertilizer to continue cultivating his crops. He hopes that you can continue to provide the support that he needs in order to get ahead.
View original language description ↓
Dúo Fortaleza, este duo esta integrado por el señor Jose, quien se dedica al cultivo de verduras, el se dedica a esta actividad desde hace varios años, es por eso que esta solicitando este credito para la compra de semillas y abono para seguir cultivando espera que le puedan dseguir dando ese apoyo que nececita para salir adelante.

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
  • 94
    View loans »
    Guatemala Loans Fundraising
  • $9,667,175
    Funds lent in using Kiva
  • 7.9
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Dúo Fortaleza Group's $575 loan helped a member to buy seeds and organic fertilizer for his crops.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 25, 2013
Listed
Feb 12, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014