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Dúo Solidario Orquideas De Sumpango Group
In this Group: Jelen Marcela, Maria Luz
“Orquideas de Sumpango” Solidarity Group

This group includes Sra. Jelen Marcela. She is 37 years old and has been preparing and selling food for four years. This business has been a great help to her and her family. Jelen Marcela is very pleased that her clientele has increased. She needs more capital to invest, so she is requesting this loan in order to buy food products for preparing and selling her dishes.
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Dúo Solidario Orquideas de Sumpango
este grupo esta conformado por la señora Jelen Marcela de 37 años de edad, ella desde hace 4 años se dedica a la elaboracion y venta de comida ya que este negocio ha sido de mucha yuda para ella y su familia, esta muy contenta ya que sus clientes han aumentado y ellanececita tener mas capital para invertir, es por eso que esta solicitando este credito para la compra de productos comestibles para la elaboracion y venta de comida.

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
  • 96
    View loans »
    Guatemala Loans Fundraising
  • $9,658,675
    Funds lent in using Kiva
  • 7.9
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Dúo Solidario Orquideas De Sumpango Group's $525 loan helped a member to buy food products for preparing and selling her dishes.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 9, 2013
Listed
Aug 25, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014