Dúo Joyas Valiosas Group
This duo is made up in part of Filomena, who is 43 years old. For more than five years now, she has been making items on a sewing machine and she is very well known in her neighborhood. She is very responsible delivering her work. She is asking for the loan to buy fabrics and other materials for sewing. She hopes to get help with the loan she has asked for.
ESTE DUO ESTA CONFORMADO POR DOÑA FILOMENA DE 43 AÑOS DE EDAD DESDE HACE YA MAS DE CINCO AÑOS SE HA DEDICADO A LA ELABORACION DE COSTURAS A MAQUINA Y ES MUY RECONOCIDA POR EL BARRIO, YA QUE ES BIEN RESPONSABLE PARA ENTREGAR SUS TRABAJOS ELLA SOLICITA EL CRDITO PARA LA COMPRA DE TELAS PARA COSTURAS Y MATERIALES PARA COSER.ESPERA QUE LE PUEDAN AYUDAR CON EL CREDITO SOLICITADO.
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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Success!! The loan was 100% repaid