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Dúo Las Victorias Group
In this Group: Santa Victoria, Misael Enrique
LAS VICTORIAS DUO

Santa Victoria is from the Xetzac village in the municipality of Tecpán, Guatemala. She is 43 years old and has three children in her care. She makes a living by making and selling sweaters. Years ago she started her own business, and thanks to God it has now grown quite a bit. She now has other machines and is able to make various styles of sweaters. Thanks to the support of her husband and that of her children, she keeps moving ahead with her work.

She used the loan that she received to invest in raw material to be able to make her sweaters, as now at the end of the year she gets requests by the dozen. Her dream is to expand her business more and to offer more styles of sweaters to her customers. That way she will have better earnings and will be able to send her children to study at a high school, as nowadays it is very important that children prepare themselves academically for a better future.
View original language description ↓
DUO LAS VICTORIAS
Doña Santa Victoria es originaria de la Aldea Xetzac municipio de Tecpán Guatemala, ella tiene 43 años de edad, bajo su responsabilidad están sus tres hijos menores de edad, ella se dedica a la fabricación y venta de suéteres.
Desde hace años ella empezó su propio negocio y gracias a Dios ahora a crecido bastante, ahora ya tiene otras maquinas y ya puede hacer diferentes estilos de suéteres.
Gracias al apoyo de su esposo y el de sus hijos ella sigue adelante con su trabajo.
El crédito que ella recibió lo utilizo para invertirlo en materia prima, para poder fabricar sus suéteres ya que ahora por la época de fin de año le hacen pedidos por docena.
El sueño de ella es ampliar mas su negocio, ofrecer mas estilos de suéteres a sus clientes, ya que asi tendrá mejores ganancias, y poder mandar a sus hijos a estudiar a un colegio ya que hoy en dia es muy importante que los hijos se preparen académicamente para un futuro mejor.

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.

About Guatemala

  • $4,155
    Average annual income
  • 68
    View loans »
    Guatemala Loans Fundraising
  • $9,064,775
    Funds lent in using Kiva
  • 7.9
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Dúo Las Victorias Group's $525 loan helped a member to buy raw materials to make sweaters.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 11, 2013
Listed
Dec 6, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014