Dúo Mujeres De San Lorenzo Group
She works making typical quitapenas dolls (very small dolls that are tucked into bed with children who are worried about some problem so the child can sleep peacefully while the doll worries for them). She has more than six years experience in this work.
She is asking for support through another loan as this is their 4th loan. She is asking in order to buy supplies to make dolls so she can create more as there is a great demand for dolls and she has many requests and has been able to satisfy her customers. She is hoping for your support with the requested loan.
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