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Solidario Trabajando Con Alegria Group
In this Group: Margarita , Maria Del Rosario , Gloria Asucena
Margarita is a native of the village of Pacorral and is 41 years old. She is economically responsible for her seven young children. She makes a living producing traditional weaves by hand and also works within agriculture.

Margarita has been working within this field for some years since it has been the means used to help her family get ahead. Her husband is a farmer and thanks to his and the rest of her family's help, she continues moving forward with her business. Her dream is to expand her business in order to obtain greater earnings and as such send her children to school in hopes of a better future. She is requesting this loan to buy raw material to produce traditional weaves.
View original language description ↓
SOLIDARIO TRABAJANDO CON ALEGRIA
Doña Margarita es originaria de la aldea Pacorral tiene 41 años de edad bajo su responsabilidad están sus 7 hijos menores de edad, ella se dedica a la elaboración de tejidos típicos a mano y a la agricultura.
Ella viene realizando esta actividad desde hace algunos años ya que es el medio que la ha ayudado para salir adelante con su familia.
El esposo de ella trabaja como agricultor y gracias al apoyo de el y de toda su familia ella sigue adelante con su negocio.
El sueño de ella es ampliar mas su negocio para obtener mejores ganancias y así mandar a sus hijos a la escuela para un futuro mejor, esta solicitando este credito para la compra de materia prima para la elaboracion de tejidos tipicos para la venta

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
  • 79
    View loans »
    Guatemala Loans Fundraising
  • $9,928,425
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Solidario Trabajando Con Alegria Group's $775 loan helped a member to buy raw material to produce traditional weaves to sell.
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