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Dúo Marcelina Group
In this Group: Rafaila, Marcelina
MARCELINA DUO

Rafaila is part of this group. She works making cloth blouses. She needs to buy fabric by the pound because she’d spend less and earn higher profits. She needs several colors and is asking for a loan to be able to buy the fabric she needs so that she won’t disappoint her customers since she already has pending orders. She hopes that she’ll be able to get help with the requested loan.
View original language description ↓
Dúo MARCELINA
este grupo lo integra la señora Rafaila quien se dedica a la confección de blusas de tela, se ve en la necesidad de comprar la tela por libra ya que gastaría menos y le quedaría más ganancia. Son varios colores los que a ella le hacen falta y pide un crédito para poder comprar la tela que le hace falta y así no quedarles mal sus clientes, ya que tiene varios pedidos que le han hecho sus clientes, 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
  • 64
    View loans »
    Guatemala Loans Fundraising
  • $9,085,550
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Dúo Marcelina Group's $775 loan helped a member to buy fabric to make blouses to sell.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 7, 2013
Listed
Jun 24, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014