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Dúo Margaritas Group
In this Group: Zoila Edina , Maria Transita
María Transita, 63, belongs to the communal bank Dúo Margaritas. She sells fruits and vegetables and, in the afternoon, sells spare parts in her house in San Bartolomé Milpas Altas. She is a very hardworking widow who cares for her daughter. Thanks to God, María has been able to help her get ahead. María hopes to continue doing so, as this is her only daughter.

María has applied for a loan to invest in her business by buying fruits and vegetables so that she has more fresh inventory to offer her customers and so that she can achieve her goal of raising the standard of living for herself and her daughter. She hopes the lenders will help her through this loan.
View original language description ↓
dúo margaritas
Este dúo esta conformado por doña María Transita ella tiene 63 años y se dedica a la venta de frutas y verduras y por las tardes venta de refacción en su casa, ubicada en San Bartolomé Milpas Altas, ella es una mujer viuda muy trabajadora y se quedo a cargo de una hija que gracias a Dios poco a poco la a ayudado y la ha sacado adelante su deseo es seguir apoyándola ya ella es la unica hija, ella esta solicitando el crédito para la inversión de su negocio en compra de mercaderia en verduras y frutas y poder surtirlo mas y ofrecerles sus verduras y frutas frescas a sus clientes, y poder lograr su propósito mejorar el nivel de vida de ella y de su hija, espera que le puedan ayudar con el credito solicitado.

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

  • $4,155
    Average annual income
  • 61
    View loans »
    Guatemala Loans Fundraising
  • $9,070,500
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Dúo Margaritas Group's $1,225 loan helped a member to buy vegetables and fruits to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 31, 2013
Listed
Jun 17, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014