Dúo Flor Que Ayer Plante Group
One member of this group is Josefa, who is originally from San Martón Jilotepeque. For the last eleven years Josefa has had a shop selling basic, consumable goods and, with this business, she has found a source of income. She is able to earn the necessary money in order to be able to provide her children with an education. Josefa has been responsible with her payments and wants to continue fighting for her business. Josefa is applying for a loan in order to buy consumable products. The other member of the group, Dina, makes a living raising chickens. She is applying for a loan in order to buy chickens and feed.
Dúo conformado por Josefa, originaria de san Martín Jilotepeque, Josefa posee desde hace más de once años una tienda de consumo diario.a encontrado en este negocio una fuente de ingresos y así poder tener los ingresos necesarios para poder darles estudio a sus hijos. Ha sido responsable en sus pagos y quiere seguir luchando, en su negocio espera que le puedan seguir ayudando en su negocio, esta solicitando este credito para la compra de mercaderia de consumo diario,y la otra compañera Dina se dedica a la crianza de pollos, solicita el crédito para la compra de pollos, concentrado.
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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