Maria Dali is a member of Duo Orfa. She is 23 years old, single, and has had a store located in her home in the town of Patzanes for 5 years. She is requesting this loan because she needs to invest in her business and purchase candy, corn, beans, oil, rice, margarine, fruits, and vegetables. In her area, it is very difficult to find a store and the distance makes it difficult to stock up and please the customers and avoid them going to the town to purchase what is lacking for their meals, so she wants to invest more in the store. She will purchase candy, corn, beans, oil, rice, margarine, fruits, and vegetables in order to have the necessary products. This will allow her to continue supporting her parents.
Este dúo lo forma doña María Dali, de 23 años de edad, es soltera y nos cuenta que tiene una tienda ubicada en su casa en el caserío patzanes desde hace 5 años y está solicitando este crédito porque necesita invertir en su negocio comprando (golosinas, artículos, como maíz, frijol, aceite, arroz, margarina, frutas y verduras) etc. Por su sector es muy difícil encontrar una tienda y por la distancia les falta surtir un poco mas y complacer a la clientela y evitarles que vayan hasta el pueblo a comprar lo que le hace falta para su comida entonces ella quiere invertir más en la tienda como en la compra de golosinas, artículos, como maíz, frijol, aceite, arroz, margarina, frutas y verduras y a si tener productos necesarios, y con eso seguir apoyando a sus papas.
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.