Dúo Malenecas Group
This group has two members. Wendy Paola is 26 years old and has two children who are 6 and 3 years old. Her business is selling men's, ladies' and children's clothing. She also sells footwear and gifts, etc. in Magdalena Milpas Altas. She is requesting this loan to invest in her business so that she can buy men's, ladies' and children's pants (trousers). Her aim is to continue growing in her business and to further stock it. She says that keeping her business well stocked requires a lot of capital. Her aim is to continue pleasing her customers.
Este dúo esta conformado por doña Wendy Paola ella tiene 26 años de edad y dos niños DE 6 Y 3 años de edad ella se dedica a la venta de ropa para dama, caballero y niño, asi como venta de calzado, y venta de regalos etc., en Magdalena Milpas Altas, ella esta solicitando el crédito para la inversión de su negocio como compra de pantalones para caballero, pantalón para dama, y para niño su deseo es seguir creciendo en su negocio y poder surtirlo mas ya que nos comenta que para mantener su local surtido se necesita de mucho capital y su deseo es seguir complaciendo a sus clientes,
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