Dúo Bellos Horizontes Group
Loida Florentina, 45, lives in Patzicia Chimaltenango. She's a widow who makes a living in the pharmacy business her husband left her. She has three children and now she has to struggle alone to get them ahead.
She's requesting this loan to buy medicine for her pharmacy.
She hopes to get the loan with your help because she needs it to continue making progress in her business.
LA SEÑORA LOIDA FLORENTINA DE 45 AÑOS DE EDAD VIVE EN PATZICIA CHIMALTENANGO, ES VIUDA Y SE DEDICA AL NEGOCIO QUE LE DEJO SU ESPOSO QUE ES UNA FARMACIA. ELLA TIENE TRES HIJOS Y AHORA LE TOCA LUCHAR SOLA PARA SACAR ADELANTE A SUS HIJOS ESTA SOLICITANDO ESTE CREDITO PARA LA COMPRA DE MEDICINA PARA SU FARMACIA Y ESPERA QUE POR MEDIO DE USTEDES ELLA PUEDA OPTAR POR EL CREDITO YA QUE LO NECECITA PARA SEGUIR ADELANTE EN SU NEGOCIO.
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