Dúo Avalos Group
Deyci, 29, owns a beauty salon and spa. She’s the mother of two children. She took beauty courses for two years to become a stylist and started her business about 8 years ago. She never thought her business would become so big and she’s grateful to God for the strength and support He gives her daily.
This is why she came knocking at FAPE’s door to request a loan because demand for her business is so large that she’s unable to meet customers’ needs. She’s asking for this loan to buy cosmetics and utensils for her beauty salon.
LA SEÑORA DEYCI DE 29 AÑOS DE EDAD SE DEDICA A SALON Y ESTETICA DE BELLLEZA ELLA ES MADRE DE DOS HIJOS DURANTE DOS AÑOS ELLA SE PREPARO COMO CULTORA DE BELLEZA EMPRENDIO SU NEGOCIO HACE APROXIMADAMNTE 8 AÑOS NUNCA PENSO QUE SU NEGOCIO IBA A LLEGAR A SER TAN GRANDE POR LO QUE ESTA AGRADECIDA CON DIOS POR LAS FUERZAS Y LA PROVICION QUE LE DA DIA CON DIA Y ES POR ESO QUE ELLA TOCA LAS PUERTAS DE FAPE PARA SOLICITAR UN CREDITO YA QUE POR LA DEMANDA QUE ELLA TIENE EN SU NEGOCIO NO ALCANZA SATISFACER A SUS CLIENTES, ESTA SOLICITANDO ESTE CREDITO PARA LA COMPRA DE COSMETICOS Y UTENCILIOS PARA SALON DE BELLEZA.
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