Luchadoras De Los Chajones Group
Mrs. Oralia de los Ángeles is a member of this duo. She is married and has a child that goes to kindergarten. Oralia owns a store close to where she lives, where she sells essential items. She is requesting a loan to buy staple food supplies to stock her store, since her customer base has grown and is asking for a wider assortment. Oralia hopes to receive the loan in order to get ahead with her business.
Este dúo lo forman doña Oralia de los Ángeles, quien nos cuenta que es casada, tiene 1 hijo que está estudiando en párvulos y es dueña de una tienda ubicada cerca de su casa donde vende artículos de consumo diario y esta solicitando este credito para la compra de productos comestible de consumo diario ya que nececita mas mercaderia para surtir su tienda, ya que sus clientes han aumentado y le piden variedad de mercaderia, espera que le puedan apoyar con el credito solicitado asi ella pueda salir adelante con 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