Solidario Rosas Del Campo Group
Audelina is a single mother. She raised eight children, all of whom have now formed their own families. She started her business eight years ago. She works selling clothing, aprons, work uniforms, and bedsheets. She also travels three times a year to Tapachula, where she obtains kitchen utensils and women's clothing. She is requesting the loan because she needs capital to invest in her business. She is grateful to FAPE and Kiva, since this is the fourth loan she will obtain. Her greatest dream is to have a shop where she can display her merchandise.
Audelina es madre soltera tuvo ocho hijos de los cuales ya todos han formado su propia familia, ella inicio su negocio hace ocho años, ella se dedica a la venta de ropa, delantales, gabachas y ropa de cama, también viaja tres veces al año a Tapachula de donde trae utensilios de cocina y ropa para dama, ella solicita el crédito ya que necesita capital para poder invertir en su negocio, agradece a FAPE/ KIVA ya que este es el cuarto crédito que obtendrá. El sueño más grande es tener un local en el cual ella pueda exhibir su producto.
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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Success!! The loan was 100% repaid