Dúo Agape Group
Marta Julia, 56 years old and single, has had a tortilla shop for 4 years in the small village of Los Planes on the Pan-American Highway in Chimaltenango. With her efforts, she succeeded in setting up and improving her house. Through her business, she has supported her family and moved them forward.
Marta Julia's dream is to be able to improve the quality of her life and that of her family through the business she has and to improve her business through the microloan she is requesting from Kiva and FAPE. With the loan, she wants to buy an industrial griddle and gas to continue growing with her tortilla shop.
La señora Marta Julia de 56 años, soltera, desde hace 4 años posee una Tortillería ubicada en la Aldea Los Planes Carretera Interamericana de Chimaltenango, 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 Marta Julia es poder mejorar la calidad de su vida y la de su familia a través del negocio que posee y mejoras su negocio atravez de el microcrédito que está solicitando a KIVA, FAPE; con el préstamo quiere comprar un Comal Industrial y Gas para seguir creciendo con su tortillería.
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