Dúo Amor De Los Amores Group
Teresa, 46, is originally from Tecpan and has her two children under her care. She makes a living buying and selling laurel and raising animals.
She started this business several years ago because it is how she provides for her family. Thanks to the support of her children, she continues to move forward with her business. Her dream is to expand her business to have higher earnings and send her children to school.
She is applying for this loan to buy laurel, which she will then sell. Through this business, her children will be able to have a better future.
Doña Teresa, es originaria de tecpan, tiene 46 años de edad, bajo su responsabilidad estan sus 2 hijos menores de edad, ella se dedica a la compra y venta de laurel y a la crianza de animales.
Desde hace algunos años ella ha empezado con esta actividad porque es el medio que tiene para salir adelante con su familia, gracias al apoyo de sus hijos ella sigue adelante con su negocio.
El sueño de ella es ampliar más su negocio para obtener mas ganancias y mandar a sus hijos a la escuela, esta solicitando este credito para la compra de Laurel para la venta ya que por medio de su negocio sus hijos podran tener un mejor futuro.
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