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Dúo La Esmeralda Group
In this Group: Vera Judith, Eva Judith
The "Las Esmeraldas" duo has two members, one of whom is 50-year-old Eva Judith. She is a widow, and has one son. Eva has a bookshop, where she sells a variety of products. The shop is just beside a school and this helps her to sell much more than just any bookstore. Eva has also been doing handicrafts and selling piñatas for 35 years. On this occasion Elvira is applying for a loan in order to buy more merchandise for her bookshop.
View original language description ↓
Dúo Las Esmeraldas representado por doña Eva judith de 50 años, viuda tiene una hijo, doña Eva tiene una librería, donde tiene variedad de productos, está ubicada justo al lado de la escuela, y eso le ayuda a que venda mucho más que cualquier otra librería, doña Eva también hace manualidades y vende piñatas desde hace 35 años,en esta oportunidad esta solicitando este credito para la compra de mars mercaderia para en papeles y mercaderia para su negocio de libreria

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
  • 74
    View loans »
    Guatemala Loans Fundraising
  • $8,352,950
    Funds lent in using Kiva
  • 8.0
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Dúo La Esmeralda Group's $1,450 loan helped a member to buy merchandise for a bookshop.
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:
Oct 17, 2014