Dúo Luchadoras De Sacatepequez Group
This group is integrated by Señora Hermenegilda who is 49 years old. For more than 15 years she has worked in business, selling tortillas, chicken, and she has now started to sell snacks at the weekend from her home. Doña Hermenegilda, with her desire to fight to get her daughter ahead, who is studying at high school, and her wish to see her daughter graduate and prepare herself for the future, is asking for this loan to buy corn and chicken to sell.
Este grupo es integrada por las señora Hermenegilda de 49 años de edad quien desde hace mas de 15 años se ha dedicado al comercio, como venta de tortillas, venta de pollo, y ahora ha iniciado con la venta de refacciones los fines de semana en su domicilio, doña Hermenegilda con su deseo de luchar para sacar adelante a su hija quien estudia nivel diversificado, su deseo es ver graduada a su hija y prepararse para el futuro,esta solicitando este credito para la compra de maiz y carne de pollo para la venta.
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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