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Dúo Nueva Vicion Group
In this Group: Dorotea, Marlena
Marlena is a member of "Dúo Nueva Vicion" (New Vision Duo). She has been selling traditional clothing for a number of years and is very happy because, thanks to her business, she has gradually been able to survive. She is applying for this loan to buy more merchandise (traditional clothing) to sell. She hopes that, with the loan that you grant her, she will be able to stay in business.
View original language description ↓
Dúo Nueva Vicion, este dúo esta integrado por la señora Marlena, ella se dedica a la venta de ropa tipica desde hace varios años, se siente muy contenta ya que por medio de su negocio se a superado de poco en poco, esta solicitando este credito para la compra de mas mercaderia en ropa tipica para la venta, espera que por medio de ustedes otorgandole el credito ella pueda seguir adelante 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

  • $4,155
    Average annual income
  • 81
    View loans »
    Guatemala Loans Fundraising
  • $9,432,050
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Dúo Nueva Vicion Group's $650 loan helped a member to buy traditional clothing to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 25, 2013
Listed
Feb 15, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 18, 2013