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Duo Mujeres Alegres De Sumpango Group
In this Group: Maria Angelica, Ana Maria
Twenty five year-old Ana Maria is a member of Duo Mujeres Alegres de Sumpango.

For the past two years she has earned a living making and selling traditional woven fabrics. She is happy because her previous Kiva loans have greatly helped her business.

On this occasion she is requesting a loan to purchase raw materials to make and sell traditional woven fabrics because she does not have sufficient capital to meet her clients' orders.

She thanks you in advance and hopes that you can continue to assist her in her business.
View original language description ↓
Duo Mujeres alegres de sumpango, este grupo esta conformado por la señora Ana Maria de 25 años de edad, ella se dedica a la ealaboracion y venta de tejidos tipicos desde hace 2 años, esta contenta porque los prestamos que Kiva le ha otorgado le ha sido de mucha ayuda en su negocio, en esta oportunidadad ella esta solicitando este credito para la compra de materia prima para la elaboracion y venta de tejidos tipicos, ya que por la demanda de sus clientes no tiene el suficiente capital para invertir, desde ya les agradese por su ayuda y espera que le puedan seguir ayudando en su negocio.

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
  • 93
    View loans »
    Guatemala Loans Fundraising
  • $9,105,075
    Funds lent in using Kiva
  • 7.9
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Duo Mujeres Alegres De Sumpango Group's $700 loan helped a member to purchase raw materials to make and sell traditional woven fabrics.
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