Ancelmo is part of the Bendicion Group. He is 38, and works selling dress clothes such as pants, dress shirts, t-shirts, women's blouses as well as selling children's and adult's underwear. Thanks to the great customer service he provides to his clients he has created a high level of demand. He would like to buy many more garments in order to stock his business. While he has bought quite a bit of clothing for his business it has not been enough, as his clients often ask for colors and sizes he still does not have. This is why he is asking for a loan in order to buy a larger variety of clothing so that he does not let his clients down when they come to shop.
DUO BENDICION DE VISTA HERMOSA el señor Ancelmo,de 38 años de edad quien se dedica a la venta de ropa de vestir como pantalones, playeras, camisas, blusas de damas y niños, también a la venta de ropa interior de niños y adultos. y gracias a la buena atencion que les brinda a sus clientes a logrado tener mucha demanda en su negocio, ahora el debe comprar muchas prendas de vestir porque debe surtir su negocios. El ha comprado mucha ropa para el negocios pero no le son suficientes ya que los clientes le piden a él tallas y colores la cual no tiene todavía. Por eso el se ve en la necesidad de hacer un crédito para la compra de ropa nueva en variedad, porque debe comprar más ropa y así no fallarle a sus clientes que llegan a comprar a sus ventas.
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.