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Dúo Girasoles De Patzun Group
In this Group: Agustina , Jeniffer Magali
Agustina is 41 years old and lives in Chimaltenango. She is very hardworking and makes sweaters. She is very responsible and for this reason is sought after by people who place orders with her, but there are times when she is unable to meet all of her orders due to financial reasons, so she approached FAPE and Kiva to request a loan to be able to invest more. She doesn’t have any other work and depends solely on this business and she must care for it so that she will always have work. She is asking for this loan to buy sweater-making supplies.
View original language description ↓
DUO GIRASOLES DE PATZUN
LA SEÑORA AGUSTINA DE 41 AÑOS DE EDAD VIVE EN CHIMALTENANGO, ES MUY TRABAJADORA Y SE DEDICA A LA ELABORACION DE SUETERES, ES MUY RESPONSABLE POR ESA RAZON LAS PERSONAS LA BUSCAN Y LE HACEN PEDIDOS,PERO EN OPORTUNIDADES NO LOGRA CUBRIR TODOS LOS PEDIDOS POR EL FACTOR ECONOMICO . POR ESA RAZON ACUDE A FAPE Y KIVA PARA SOLICITAR UN CREDITO Y DE ESA MANERA PODER INVERTIR MAS YA QUE ELLA NO CUENTA CON OTRO TRABAJO Y DEPENDE SOLO DE ESE NEGOCIO Y DEVE CUIDARLO PARA TENER SIEMPRE SU TRABAJO. ESTA SOLICITANDO ESTE CREDITO PARA LA COMPRA DE MATERIA PRIMA PARA LA ELABORACION DE SUETERES PARA LA VENTA.


Additional Information

About FAPE

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.

About Guatemala

  • $4,155
    Average annual income
  • 57
    View loans »
    Guatemala Loans Fundraising
  • $8,320,750
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Dúo Girasoles De Patzun Group's $650 loan helped a member to buy supplies.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 15, 2013
Listed
Apr 23, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014