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Solidario Flor De Pascua Group
In this Group: Sara, Milvia Alicia, Norma Elizabeth
Norma Elizabeth, 46, is a member of the communal bank Flor de Pascua. She has been selling a variety of new clothing for six years. This business is her only source of income. She has applied for a loan to buy new clothing to sell, and she hopes the loan will be funded.
View original language description ↓
Solidario Flor de Pascua, este crupo esta conformado por la señora Norma Elizabeth de 46 años de edad, ella se dedica a la venta de ropa nueva en variedad ella se dedica a esta actividad desde hace 6 años ya que es la unica forma que tiene para salir adelante, esta solicitando este credito para la compra de ropa nueva para la venta espera que le puedan ayudar con el credito solicitado.

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
  • 70
    View loans »
    Guatemala Loans Fundraising
  • $8,352,425
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Solidario Flor De Pascua Group's $1,950 loan helped a member to buy new clothing to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 29, 2013
Listed
May 19, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014