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Dúo Santa Fe Ocaña Group
In this Group: Emilio , Ricardo
Santa Fe Ocaña Duo

Ricardo has grown and sold first, second and third quality roses for nine years. The time for cutting new roses is nearing and he must prepare himself purchasing little bags and grafts to once again plant for the new harvest. The capital he has is insufficient for this so they need to request a new loan to cover this need he has. He must also buy several liters of fertilizer to combat pests that always threaten the crop.

He thanks God because with this work he does growing flowers he’s able to support his family and not only that, he’s actually even gotten a little ahead economically. He wants to continue growing them and to own a larger parcel of land on which to plant so that he can improve himself still more. He hopes you will be able to help him with the requested loan.
View original language description ↓
Dúo Santa fe Ocaña, El señor Ricardo se dedica a la siembra y venta de rosas de primera, segunda y tercera calidad desde hace 9 años, la fechas de un nuvo corte de rosas se aproxima y el debe prepararse para la compra de bolsitas y compra de injertos y así nuevamente sembrar para una próxima cosecha. El capital que tiene no le es suficiente y se ven en la necesidad de un nuevo préstamo para poder cubrir esta necesidad que tiene, también debe comprar varios litros de fertilizantes para combatir las plagas que siempre amenazan la cosecha, le da graciasa a Dios porque con este trabajo que realiza en la siembra de flores a podio salir adelante con su familia y no solo eso si no que tambien se a superado un poco mas economicamente, el deseo de el es seguir cultivando y tener un predio mas grande donde sembrar para superarse un poco mas esperando que ustedes le puedan ayudar con el credito solicitado.

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

  • $5,300
    Average annual income
  • 71
    View loans »
    Guatemala Loans Fundraising
  • $9,872,275
    Funds lent in using Kiva
  • 8.0
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Dúo Santa Fe Ocaña Group's $1,075 loan helped a member to buy fertilizer and seeds to grow roses to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 18, 2013
Listed
Nov 11, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014