Dúo Mujeres Activas Group
Maribel is a widow and she has 5 children (aged 24, 22, 20, 18 and 10). She engages in running her book store, an activity she started one year and six months ago. Her shop is located in Bárcenas Villa Nueva, in the Guatemala department. She has been a FAPE customer for two years and she is now interested in receiving a loan to invest it her book store (to buy notebooks, pencils, and pens etc.), as the products she sells do not currently meet her customers' needs. She wishes for the children to become good professionals and to have good jobs, and she hopes they will be able to support her in continuing carrying out her activity.
Maribel es viuda tiene 5 hijos (24, 22, 20, 18, 10) se dedica a atender su librería, ella inicio hace un año y seis meses su negocio, el cual se encuentra ubicado en Bárcenas Villa Nueva, Departamento de Guatemala, ella es cliente de FAPE desde hace dos años y ahora está interesada en obtener este préstamo para invertirlo en su librería(compra de cuadernos lapiceros lapiz etc) ya que la mercadería que tiene no satisface las necesidades de su clientes. Ella anhela ver a sus hijos con una buena profesión y un buen trabajo espera que le puedan dar ese apoyo que ella nececita para seguir con su negocio.
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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