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Solidario Santa Teresita Group
In this Group: Fabiola, Evelyn Amalia, Esther
Evelin, a 37-year-old mother of two, is a member of the Solidario Santa Teresita village bank. She has been selling plastic products for 3 years in the village of Santa Teresita. She is requesting the current loan so she can buy more merchandise to sell. She would like to increase her sales and hopes that you can help her with this loan.
View original language description ↓
Solidario Santa Teresita. este grupo esta conformado por la señora Evelin de 37 años de edad, es madre de 2 hijos,ella se ha dedica a la venta de productos toper(productos plasticos)desde hace 3 años, el lugar donde vende es en colonia Santa Teresita, en esta oportunidad ella esta solicitando este credito para la compra de mas mercaderia para la venta ya que quiere aumentar sus ventas, esperando de que ustedes le puedan ayudar con el credito.

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.

Tags

About Guatemala

  • $4,155
    Average annual income
  • 99
    View loans »
    Guatemala Loans Fundraising
  • $9,108,125
    Funds lent in using Kiva
  • 7.9
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Solidario Santa Teresita Group's $775 loan helped a member to buy plastic products to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 9, 2013
Listed
Sep 21, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014