Dúo Dulce Esperanza Group
Selsa’s from the village of Pacorral in the municipality of Tecpan. She’s 53-years-old and works hand weaving traditional textiles and raising animals. She’s been doing this for years since it’s her means of earning a living to get ahead with her family. Her husband works as a day laborer and thanks to his and her entire family’s support she’s managed to move her family forward. Her dream is to expand her business more to earn higher profits to improve her quality of life. She’s asking for the loan to buy raw materials to manufacture the traditional textiles.
Doña Selsa es originaria de la aldea Pacorral del municipio de Tecpan tiene 53 años de edad, ella se dedica a la elaboración de tejidos típicos a mano y a la crianza de animales.
Desde hace años ella viene realizando esta actividad ya que es el medio que tiene para salir adelante con su familia.
El esposo de ella trabaja como jornalero y gracias al apoyo de el y de toda su familia ella ha podido sacar adelante su familia.
El sueño de ella es ampliar mas su negocio para obtener mejores ganancias para mejorar su calidad de vida, 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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