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Dúo La Providencia Group
In this Group: Irma Yolanda, Blanca Gricelda
Providence Duo

Blanca Gricelda, 33, is part of this group. She’s from the village of Montufar in San Juan Municipality. She’s been a craftswoman for several years. Very early every day they start working as weavers in her house making napkins, traditional skirts and traditional sashes from the San Juan Sacatepéquez region.

In addition, in winter Blanca grows corn and beans which are crops that require large capital investment to buy seeds and chemical and organic fertilizer. Thanks be to God, the crops have made it to harvest season but now she must pay day laborers to harvest the grain that will feed their families for a year.

She’s requesting this loan to buy raw materials to make the traditional textiles and to buy manure for the crops.
View original language description ↓
Dúo la ProvidenciaAl este grupo integrado por la señora Blanca Gricelda de 33 años de edad, es originarias de la aldea Montufar del municipio de San Juan, se ha dedica por varios años a la artesanía, en su domicilio desde muy temprano empiezan diariamente su jornada como tejedoras, de servilletas, güipiles o fajas típicas de la región de San Juan Sacatepéquez, también en temporadas de invierno doña Blanca se dedica a la siembra de maíz, y frijol cultivo en que invierten gran parte de capital, para la compra de semilla, fertilizantes, químicos y orgánicos, a Dios gracias que el cultivo ya está en epoca de producir pero necesitan de una inversión más para que puedan pagarle a los jornaleros para recoger ya los granos , que servirán para el sustento de sus familias durante un año.esta solicitando este credito para la compra de materia prima para la elaboracion y venta de tejidos tipicos, y para la compra de abono para el cultivo.

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
  • 62
    View loans »
    Guatemala Loans Fundraising
  • $8,801,150
    Funds lent in using Kiva
  • 7.9
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Dúo La Providencia Group's $1,525 loan helped a member to buy raw materials.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 13, 2013
Listed
Sep 21, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014