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Dúo Mujeres Comerciantes Group
In this Group: Silvia Leticia, Yolanda
The Dúo Mujeres Comerciantes (Women Traders Duo) is a group that has been formed by Yolanda, who is 23 years old and has 2 children who don’t go to school yet. She says she is married and that she works 3 times a week in her small food stall, on top of daily selling light refreshments door to door in the town of Sacsuy. She has been engaged in this activity for 4 years, and thanks to her job she helps her husband paying for their personal needs. She is requesting a loan to buy a stove to prepare tortillas, pork scratchings and “dobladas” (a type of pupusas, eaten at Christmas in Guatemala), as well as to buy some fruits and vegetable to prepare corn flour drinks. She will buy at wholesale Price in order to pay a little less. Her goal is to succeed in helping her husband with the building of their house.
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DÚO MUJERES COMERCIANTES

Este grupo formado por doña Yolanda, de 23 años de edad, ella tiene 2 hijos aun no van a la escuela, y nos cuenta que está casada, y tiene un pequeño negocio de venta de comida 3 veces por semana y refacciones todos los días de manera ambulante por Sacsuy, desde hace 4 años, con su trabajo ella apoya a su esposo con los gastos personales, ella solicita este crédito para comprar una estufa para venta de tortillitas, chicharron, dobladas, etc., también comprar algunas verduras y frutas para la elaboración de atoles ya que comprando por mayor ella le gana un poco más la meta de ella es poder ayudar a su esposo en la construcción de su casa.

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
  • 65
    View loans »
    Guatemala Loans Fundraising
  • $8,342,350
    Funds lent in using Kiva
  • 7.9
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Dúo Mujeres Comerciantes Group's $525 loan helped a member to buy a stove to prepare tortillas, fruits and vegetables.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 29, 2013
Listed
Dec 21, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014