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Solidario Santa Rosita Group
In this Group: Gloria Esperanza, Myra Cristina, Marta Alicia
Alicia belongs to the communal bank Solidario Santa Rosita and was born in Sumpango. She has a vegetable stand in the market in Antigua, Guatemala. She needs a loan to invest in her business, as she needs to buy inventory. She is a bit sad because her sister-in-law died last year, and two months later, her mother died. Despite that, she continues working and has paid off her loan.

She is asking Kiva to help them by providing another loan, as the previous loan was of great help to the members and their families. Alicia has applied for a loan to buy vegetables to sell.
View original language description ↓
Solidario santa Rosita
Este solidario lo integra Alicia, es originaria de Sumpango, y tiene un puesto de verduras en el mercado de la antigua Guatemala ella necesita un crédito mas para poder invertir nuevamente en su negocio ya que necesita surtirlo, es un poco triste ya que el año pasado falleció su cuñada y dos meses después falleció su mama, pero a pesar de eso sigue adelante con su negocio y ya terminaron de cancelar su credito y necesita que kiva les ayude por medio de otro crédito ya que cuentan que ha sido de mucha bendición para ellas y sus familias, ella solicita el credito para la compra de verdura 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
  • 45
    View loans »
    Guatemala Loans Fundraising
  • $8,586,675
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Solidario Santa Rosita Group's $1,625 loan helped a member to buy vegetables to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 22, 2013
Listed
Apr 27, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014