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Dúo Buena Vista Group
In this Group: Marta Lucrecia, Blanca Angelica
Marta Lucrecia, 42 years old, works embroidering traditional blouses by machine and making aprons. Right now she has several blouses to embroider but she does not have enough thread and she needs to buy more boxes of thread in various colors in order to be able to complete her customers' orders. For this reason she needs more resources and so in order to continue working she is seeking this loan in order to buy raw material for the embroidery of blouses.
View original language description ↓
La señora Marta Lucrecia, de 42 años de edad y se dedica al bordado de blusas típicas a máquina, y a la elaboración de delantales actual mente Tiene varias blusas que bordar pero el hilo que tiene no le alcanza y necesita comprar más cajas de hilos en varios colores para poder completar el pedido de sus clientes. Por eso ella necesita más capital y así poder seguir trabajando,esta solicitando este credito para la compra de materia prima para la elaboracion en bordados de blusas.

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
  • 124
    View loans »
    Guatemala Loans Fundraising
  • $10,287,725
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Dúo Buena Vista Group's $425 loan helped a member to buy raw materials for the embroidery of blouses.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
May 31, 2013
Jun 17, 2013
Currency Exchange Loss:
Dec 17, 2013