Solidario Terrazas Group
She has owned her business for approximately two years and thank God it has gone very well.
At this time, she is interested in requesting a loan to invest in Christmas products to sell in her shop and in this way grow and have a better economic outlook for her and her children who are growing up.
She trusts in God that Kiva will help her and her family get ahead.
Regalos para toda ocasión etc. ella tiene aproximadamente 2 años de tenerlo y gracias a Dios le ha ido muy bien, en esta ocacion viendo las circunstancias de las fechas que vienen esta muy interesada en poder adquirir un crédito para la inversión en lo que son productos navideños para venderlo en su negocio y así poder crecer y tener un mejor estilo de vida económico para ella y sus hijos quiénes están en una etapa de crecimiento y espera en Dios que Kiva la ayude para salir adelante ella y su familia.
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