Dúo Fatima de Sumpango group
Sandra Elizabeth, age 29, makes and sells tortillas. She has done this for eight years, and this is how she helps her family. She is requesting this loan for the purchase of corn for making and selling tortillas. She hopes that you can help her with this loan.
Dúo Fatima de Sumpango, este grupo esta conformado por la señora Sandra Elizabeth de 29 años de edad y se dedica a la elaboracion y venta de tortillas se dedica a esta actividad desde hace 8 años ya que es la forma de ayudar a la economia de su familia, ella esta solicitando este credito para la compra de maiz para la elaboracion y venta de tortillas espera que le puedan ayudar con el credito solicitado.
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.