Delma Yesenia, 22, is part of this group. She sells gift items and varied clothing. She’s been in this line of work for several years. Thanks to God her business has been growing considerably. She’s requesting this loan to buy more gift merchandise and new clothes in varied designs. She hopes that you will be able to help her with the requested loan.
Dúo Cantares, este grupo esta conformado por la señora Delma Yesenia de 22 años de edad ella se dedica a la venta de regalos y ropa en variedad, se a dedica a esta actividad desde hace varios años, gracias a Dios su negocio a ido cresiendo considerablemente, esta solicitando este credito para la compra de mas mercaderia en regalos y ropa nueva en diferentes diseños 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.