Dúo Nueva Vicion Group
Marlena, 36 years old and married, has had a store located in Alameda, Los Aposentos for years. Through her efforts, she succeeded in setting up and improving her house. Through her business she has supported her family and moved them forward.
Marlena's dream is to be able to improve the quality of her life and that of her family though the microloan that she is requesting from Kiva and FAPE. With the loan, she wants to buy more merchandise to supply and expand her business.
La señora Marlena de 36 años, Casada, desde hace años posee una Tienda ubicada en la Alameda, Los Aposentos, que a base de esfuerzos logro establecer y mejorar su vivienda, a través de su negocio ella ha mantenido y a sacado a delante a su familia.
El sueño de doña Marlena es poder mejorar la calidad de su vida y la de su familia a través del microcrédito que está solicitando KIVA, FAPE; con el préstamo quiere comprar más mercadería para surtir y agrandar 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