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Duo Lleno De Gracia 3 Group
In this Group: Florinda , Angelica Victoria
Full of Grace 3 Duo

Angélica, 48, is in this group. She has been selling basic daily consumption goods (beans, rice, corn, oil, etc.) for 14 years. She has a sales point in the community where she lives. She’s asking for this loan to buy more daily consumption merchandise to better stock her business hoping that you will be able to continue helping her with loans so she can continue growing in business.
View original language description ↓
Dúo Lleno de gracia 3 este grupo esta conformado por la señora Angelica de 48 años de edad ella se ha dedicado a la venta de productos de consumo diario(frijol,arroz,maiz,aceite,etc)desde hace 14 años ella tiene el punto de venta en la comunidad donde vive, ella esta solicitando este credito para la compra de mas mercaderia en productos de consumo diario, para surtir un poco mas su negocio esperando que ustedes le puedan saguir ayudando con creditos para que siga creciendo en su negocio.

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
  • 59
    View loans »
    Guatemala Loans Fundraising
  • $8,744,750
    Funds lent in using Kiva
  • 8.0
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Duo Lleno De Gracia 3 Group's $1,150 loan helped a member to buy food items to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 18, 2013
Listed
Oct 26, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014