Dúo Sandoval Group
Angela is a mother to two children and owner of a toy stall in the market of Peronia, which she set up herself a few years ago. She is very happy as it has been going very well due to recommendations from other people she decided to open her business. She currently sells two batches of toys over the month and it is going very well in terms of profits. Angela's children are not yet at school, she has very big dreams and goals which she hopes to achieve with her children and her husband hence why she is seeking a loan from you via Kiva which she will use to invest in a new batch of toys. In this Christmas period she is grateful that her request is being taken into account.
LA SEÑORA ANGELA quien es madre de 2 hijos y es propietaria de una venta de juguetes ubicada en el mercado de peronia , la cual inauguró ella misma hace algunos años ella esta muy contenta porque le le ha ido muy bien ya que por recomendaciones de otras personas ella decidió aperturar su negocio actualmente ella vende 2 lotes de juguetes durante el mes y le va muy bien en sus ganancias, los hijos que tiene aun no van a la escuela tiene sueños y metas muy grandes los cuales desea poder llevar a cabo con sus hijos y su esposo e es por eso que ella hace de la solicitud de ustedes KIVA un crédito eL cual utilizara para la inversión de un nuevo lote de juguetes pero en esta ocasión todo navideño agradeciendo que se le tome en cuenta dicha solicitud…
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