Dúo Mujeres Alegres Group
Rosa’s from the village of Pacorral in Tecpan municipality. She’s 49-years-old and has a minor son that’s dependent on her; she works hand weaving traditional fabric and in agriculture. She’s been doing this activity for years now because it’s her way of getting ahead and she’s a single mother who must work much in order to get ahead. Her dream is to expand her business more to obtain more profits and be able to get ahead with her family for a better future. She’s requesting this loan to buy raw materials for the manufacturing of the traditional fabrics.
Doña Rosa es originaria de la aldea Pacorral del municipio de tecpan. Ella tiene 49 años de edad bajo su responsabilidad está su hijo menor de edad ella se dedica a la elaboración de tejidos típicos a mano y a la agricultura.
Desde hace años ella viene realizando esta actividad porque es el medio que tiene para salir adelante ya que ella es madre soltera y tiene que trabajar mucho para salir adelante.
El sueño de ella es ampliar mas su negocio ya que así obtendrá mejores ganancias y podrá salir adelante con su familia para un futuro mejor.esta solicitando este credito para la compra de materia prima para la elaboracion de tejidos tipicos.
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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