Dúo Damas Laboriosas Group
Sra. Vilma del Carmen is 64 years old and lives in the neighborhood of Santa Ana, Antigua, Guatemala. She has always been in the business of selling American clothes. Vilma also has a side business of making and selling traditional sweets such as coconut cookies, nance fruit desserts, candied sweet potatoes, and other products. She enjoys her business since it allows her to contribute toward the financial needs of her family.
Vilma is requesting a loan so that she can buy secondhand American clothing to sell. She will also buy supplies for making traditional sweets.
LA SEÑORA VILMA DEL CARMEN DE 64 AÑOS DE EDAD ELLA VIVE VIVE EN LA ALDEA DE SANTA ANA ANTIGUA GUATEMALA Y SIEMPRE SE HA DEDICADO AL NEGOCIO DE VENTA DE ROPA AMERICANA Y COMO ACTIVIDAD SECUNDARIA SE DEDICA A LA ELABORACION Y VENTA DE DULCES TIPICOS COMO: COCADAS, MANZANILLAS ,CAMOTES ETC. LE GUSTA EL NEGOCIO Y DE ESA MANERA HA PODIDO CONTRIBUIR CON LA NECESIDAD ECONOMICA DE SU FAMILIA. ELLA ESTA SOLICITANDO ESTE CREDITO PARA LA COMPRA DE ROPA AMERICANA DE SEGUNDA MANO PARA LA VENTA, Y TAMBIEN PARA LA COMPRA DE MERCADERIA PARA LA ELABORACION DE DULCES 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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Success!! The loan was 100% repaid