Dúo Taller 2 Group
This duo is made up of these women. Dominga, 50, is married and has three adult children. Dominga sells men's, women's, and children's clothing. She also sells shoes from a catalogue. It is going well for her thanks to the friendly way she treats her customers. She is asking for a loan to be able to buy more merchandise and expand her business because she needs to buy more clothing to sell.
El dúo está integrado por las señora. Dominga tiene cincuenta años de edad (50) es casada tiene tres hijos todos mayores de edad el negocio de Dominga es de venta de ropa de caballero, dama y niños también vende zapatos por catálogo, le va muy bien con sus ventas gracias a la amabilidad que tiene para atender a sus clientes, ella está solicitando un crédito para poder comprar más mercaderías y para ampliar su negocio ya que necesita compra más ropa para la venta.
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