Dúo Solidario Luchando Por Nuestros Sueños Group
This group is directed by Evelyn Carolina, 31, who sells a variety of merchandise in general, such as different stuffed animals, costume jewelry (rings, bracelets and earrings) which she makes, and plastic cups, plates, and children's toys. She has had the business for many years.
The local fair is fast approaching and Evelyn Carolina does not have many toys to sell. She wants to buy them by the dozen to sell at this unique time of year. In order to buy toys and jewelry materials she needs to invest quite a bit of money. Therefore, she is requesting a loan so as not to lose out on this opportunity to grow her business.
Este grupo esta a cargo de la señorita Evelyn Carolina quien tiene 31 años de edad, y se dedica a la venta de variedades en general, como los peluches en diferentes tamaños, fantasía en general como anillos, pulseras , aretes todo elaborado por ella, también vende lo que es plástico como vasos, platos, cubetas y alcanzillas infantiles en plástico. Tiene este negocio desde hace muchos años y se aproxima la feria del lugar la cual ella no tiene muchos juguetes y desea comprar por docena para poder vender en esta fecha única del año. Para la compra de los juguetes y fantasía necesita invertir mucho lo cual por ese motivo hace solicitud de otro crédito para no dejar de aprovechar la feria y así seguir creciendo en su negocio.
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