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Dúo  Solidario Lindo Tecpan Group
In this Group: Gregoria , Maria Magdalena
DUO LINDO TECPAN (Beautiful Tecpan duo)

Gregoria is a native of Tecpan. She is 29 and has a daughter aged under 18. She makes a living buying and selling laurel and rearing animals.

Her husband works as a bricklayer and, thanks to his support, she can continue with the business because what his earnings help with the family's living costs.

Her dream is to expand her business as this would give her greater profits, and to send her daughter to school for a better future. She is applying for this loan to buy laurel to sell.
View original language description ↓
DUO LINDO TECPAN
Doña Gregoria es originaria de Tecpan, tiene 29 años de edad bajo su responsabilidad esta su hija menor de edad, ella se dedica a la compra y venta de laurel y a la crianza de animales.
El esposo de ella trabaja como albañil, gracias al apoyo de el, ella sigue adelante con su negocio ya que con lo que el gana de sueldo ayuda en los gastos de la familia.
El sueño de ella es ampliar su negocio ya que asi obtendrá mejores ganancias y mandar a su hija a la escuela para un futuro mejor, esta solicitando este credito para la compra de Laurel para la venta.

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

  • $5,300
    Average annual income
  • 79
    View loans »
    Guatemala Loans Fundraising
  • $9,928,425
    Funds lent in using Kiva
  • 7.9
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Dúo Solidario Lindo Tecpan Group's $275 loan helped a member to buy laurel to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 19, 2013
Listed
Aug 23, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014