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Dúo Luz De Luna Group
In this Group: Julia, Hilda Esperanza
Duo Luz de Luna. This duo includes Julia, 54, who is married and has five children who live with her. Three of them already work and help her. Her husband also works with wells and they send him to different places. For more than a year, she has worked selling bedspreads, sheets, blankets, and curtains in the region of Patzanes. She is applying for this loan because she needs to buy some curtains and sheets because these kinds of things sell during Holy Week. They will also buy sheets because the hot season is starting. So they need to buy different styles and colors to sell and increase their profits. She is applying for this loan to buy domestic products, like sheets, curtains, bedspreads, etc.
View original language description ↓
DUO LUZ DE LUNA
Este dúo lo forman doña Julia, quien es casada, de 54 años de edad y tiene 5 hijos que viven con ella pero que 3 de ellos ya trabajan y la ayudan, también su esposo trabaja como posero y lo mandan a diferentes lugares, ella se dedica desde hace mas de 1 año a la venta de colchas, cubrecamas, sabanas, manteles, cortinas en el sector de patzanes, solicita este crédito porque necesita comprar un poco de cortinas y sabanas ya que para la época de semana santa se venden este tipo de cosas, además compran sabanas porque comienza la época de calor entonces necesita comprar diferentes estilos y colores para vender y aumentar sus ganancias,esta solicitando este credito para la compra de productos de usos domesticos, sabanas,cortinas,colchas,cubrecamas, etc.

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
  • 79
    View loans »
    Guatemala Loans Fundraising
  • $8,362,600
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Dúo Luz De Luna Group's $550 loan helped a member to buy products for domestic use, like sheets, curtains, and bedspreads.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 4, 2013
Listed
Mar 18, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013