Dúo Mariposas De San Bartolo Group
She is asking for a loan to invest in the purchase of groceries (provisions) to supply her store as well as fireworks for the Christmas season, and the rest for ingredients for snacks. Her goal is to continue increasing household income and she is yearning to continue making improvements to her home.
Este dúo está conformado por doña Julia Felisa, ella tiene 37 años de edad y se dedica a la venta de abarrotes tales como azúcar, golosinas aguas gaseosas, granos básicos , así como la venta de refacciones y venta de pasteles, ella está solicitando el crédito para la inversión de compra de abarrotes(productos comestibles) para surtir su tienda, así como juegos pirotécnicos para la venta de época navideña, y el resto para venta de refacciones, su propósito es seguir incrementando los ingresos de su casa ya que su anhelo es seguir mejorando las instalaciones de su casa.
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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