Check out some available loans that are similar to this one!
Dúo Mariposas De Magdalenas Group
In this Group: Maria Antonia , Marta Julia
This duo includes Marta Julia. She is 49 years old, has a son, and sells girts for weddings, 15th birthday celebrations, and also women’s and children’s shoes and clothing such as blouses, pants, and pullover shirts. She is asking for this loan in order to buy pots, shoes, and gifts to continue growing her business. She has been working hard since she widowed and wants to get her family ahead because she has a responsibility to her son. Her daughters are fully grown and she hopes to receive the support this needs to get ahead.
View original language description ↓
Dúo mariposas de magdalena
Este dúo está conformado por doña Marta Julia, ella tiene 49 años de edad, y tiene un hijo a su cargo, ella se dedica a la venta de regalos, para boda , 15 años, bautizos, así como venta de calzado para dama, y niños, de la misma manera venta de ropa como blusas, pantalones, playeras camisas. ella esta solicitando el crédito para la compra de ollas, calzado y regalos, su propósito es seguir creciendo el negocio, ya que desde que enviudo trabaja fuertemente para sacar adelante a su familia y ella dice que sigue trabajando fuerte, porque aún tiene la responsabilidad con su hijo, porque sus hijas ya se casaron, espera que le puedan brindar ese apoyo que ella 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
  • 69
    View loans »
    Guatemala Loans Fundraising
  • $9,620,150
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Dúo Mariposas De Magdalenas Group's $900 loan helped a member to buy merchandise.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 25, 2013
Listed
Mar 11, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013