Dúo Mensajeras De Sineyes Group
Irma Yolanda is a member of this group. She is married and has four young children who are in school. Her husband works as a construction worker in the capital. She has worked in her store for the past 4 years.
She tells us that she needs this loan because she needs to stock her store with some supplies that she is lacking, like corn, beans, rice, oil, snacks, and fruit that her clients are requesting. She also reports that this loan will help her to support her household, along with her husband, and will also allow her children to continue studying. She hopes that Kiva lenders can help her by providing her with a loan so that she can move forward with her family.
Este lo forma doña Irma Yolanda casada, tiene 4 hijos pequeños que están estudiando y su esposo trabaja como albañil en la capital, ella se dedica a su tienda que tiene desde hace 4 años, y nos cuenta que necesita este crédito porque necesita surtir su tienda comprando algunos artículos que le hacen falta, como (maíz, frijol, arroz, aceite, golosinas y frutas que ahora le están pidiendo sus clientes, dice que con eso ayuda al sostenimiento de su hogar juntamente con su esposo y eso hace que sus hijos también se ayuden con su educación, esperando que ustedes Kiva le puedan ayudar con el credito y asi ella pueda salir adelante con 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