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Dúo El Rosario De Buena Vista Group
In this Group: Aura Aracely, Rosario
The leader of this group is Rosario who is involved in the making and selling of shoes for children and adults and slippers for ladies. She has the unconditional support of her husband who helps her on weekends in cutting, sewing, and glueing the shoes. She has many orders but lacks templates to compare the shoes. She does not have enough money, so she needs a loan to buy the templates. Her dream is to have a shoe factory and give work to many people in need. She hopes that you can help with her requested credit.
View original language description ↓
La encargada de este grupo es la señora Rosario quien se dedica a la fabricación y venta de zapatos para niños y adultos, y zapatillas para damas. Cuenta con el apoyo incondicional de su esposo quien la ayuda los fines de semana a cortar, coser y pegar los zapatos. ella tiene varios pedidos pero le hace falta plantillas para la fabricación de los zapatos y debe compararlos, pero el dinero no le alcanza por eso necesita hacer un préstamo para comprar las plantillas que le hacen falta ya que no son muchas. Su sueño es tener una gran fábrica de zapatos y darles trabajo a muchas personas que la necesiten, esperando que ustedes le puedan ayudar con el credito solicitado.

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.

Tags

About Guatemala

  • $4,155
    Average annual income
  • 63
    View loans »
    Guatemala Loans Fundraising
  • $8,798,275
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Dúo El Rosario De Buena Vista Group's $400 loan helped a member to buy templates for making shoes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 20, 2013
Listed
Jan 31, 2014
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014