This duo, "Sembrando con Amor" (Spreading Love), is made up of 43-year-old Rogelia. She has worked making traditional garments for several years.
She is asking for this loan to buy raw materials to make clothing, since the money that she has isn't sufficient to buy enough thread to make the fabrics. Thanks to God, the number of customers she has has increased greatly.
She hopes that you can help with the requested loan.
Dúo Sembrando Con Amor.este dúo esta conformado por la señora Rogelia de 43 años de edad, ella se dedica a la elaboracion de tejidos tipicos desde hace varios años, esta solicitando este credito para la compra de materia prima para la elaboracion de tejidos ya que el capital que tiene no le alcanza para comprar suficiente hilo para elaborar los tejidos ya que gracias a Dios sus clientes han aumentado considerablemente espera que le puedan ayudar con el credito solicitado.
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.