Dúo Las Victorias De San Martin Group
One of this group's members is Victoria who has two shoe shops - one in her home and another in the capital city. She sells all types and designs of footwear, for children and adults. She also sell trainers in different styles and sizes. Victoria uses a lot of capital to buy the shoes. She buys the shoes in boxes, at 100 Quetzal per pair. She does not have the money to buy shoes just now so is applying for a new loan to buy more shoes and so that her customers do not lose confidence in her when they come looking to buy from her. Victoria hopes that you can help with this loan.
Este grupo esta formado por la señora Victoria, quien tiene dos zapaterías uno en su casa y otro en la ciudad capital, vende toda clase de calzado y diseño, para niños y adultos, tennis en diferentes numeraciones y estilo, Ella utiliza mucho capital para la compra de los zapatos la cual lo hace por cajas y le cuestan Q. 100.00 cada par. El dinero no le alcanza por eso nuevamente hace la solicitud de un nuevo crédito para poder comprar mas zapato y así no quedarle mal a sus clientes al momento que la busquen y compren con ella.espera que le puedan ayudar con el credito solicitado.
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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