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Dúo Dulce Esperanza Group
In this Group: Alejandra , Selsa
Sweet Hope Duo

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.
View original language description ↓
DUO DULCE ESPERANZA
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

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

  • $5,300
    Average annual income
  • 94
    View loans »
    Guatemala Loans Fundraising
  • $9,959,450
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Dúo Dulce Esperanza Group's $525 loan helped a member to buy weaving supplies.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 21, 2013
Listed
May 28, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014