Marta Judith is described as a person who always makes her payments on time, and operates her businesses responsibly. For a long time now, she has been selling cosmetics door-to-door. Marta also has another business, which is making wood crates to pack and transport lettuce. She says that she is very happy because her businesses have helped a lot to support her family.
Marta Judith is requesting this loan to buy more cosmetic merchandise, and to buy wood so that she can continue to make crates to transport vegetables. She hopes to receive the loan that she has requested.
La socia marta Judith y es muy puntual con sus pagos y responsable en el negocio que tienen, desde muy temprano ella emprende sus labores ofreciendo su producto de cosmeticos de casa en casa tocando las puertas de las persona ella como actividad secundaria también se dedica a la elaboracio de cajas de madera para empacar lechuga esta muy contenta porque su negocio le a sido de mucha ayuda para el sosten de su familia, en esta oportunidad ella esta solicitando este credito para la compra de mas mercaderia en cosmeticos y compra de madera para seguir con la elaboracion de cajas para transportar verduras esperando que ustedes le puedan ayudar con el credito solicitado.
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.