Duo Mujeres Aliadas Group
Doña Juana is a native of Tecpan. She is 23 years old and is responsible for her three-year-old son. She works making traditional weavings by hand and raising chickens.
She has been doing this work for some years, since it is the means that she has to advance for herself and her son. Her dream is to have a larger business to make different styles of weavings and thus be able to satisfy the needs of her customers, since she will thus be able to obtain better earnings, so that she can send her son to a better school for a better future.
Juana is requesting this loan to buy the raw materials for her traditional weavings.
Doña Juana, es originaria de Tecpan, tiene 23 años de edad, tiene bajo su responsabilidad a su hijo de 3 años, ella se dedica a la elaboración de tejidos típicos a mano y a la crianza de pollos.
Desde hace algunos años ella viene realizando esta actividad, ya que es el medio que tiene para salir adelante ella y su hijo.
El sueño de ella es tener un negocio mas grande para sacar diferentes estilos de tejidos , asi poder satisfacer a la necesidad de sus clientelas ya que asi podrá obtener mas ganancias, para poder mandar a su hijo a una mejor escuela para un futuro mejor. ella esta solicitando este credito para la compra de materia prima para la elaboracion de tejidos tipicos.
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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