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Solidario Trabajando Con Cristo Group
In this Group: Margarita, Maria Del Rosario, Rosa
"Solidario Trabajando con Cristo" Lending Group:

Margarita is a native of the village of Pacorral. She is 42 years old, and has eight children under her care. She works weaving traditional fabrics by hand, as well as farming. Her husband works as a farmer, and thanks to the support of him and their family, she continues ahead with her business.

The previous loan that she received was used to purchase more thread for her weaving, and to purchase seeds, fertilizers and fungicides for her agricultural work. She dreams of expanding her business and offering her customers a larger variety of woven fabrics, so that she can improve her earnings and send her children to school so that they may have a better future.

She is seeking this loan to purchase raw materials for her weaving.
View original language description ↓
Solidario Trabajando con cristo
Doña Margarita es originaria de la aldea Pacorral tiene 42 años de edad bajo su responsabilidad están sus 8 hijos menores de edad, ella se dedica a la elaboración de tejidos típicos a mano y a la agricultura.
El esposo de ella trabaja como agricultor y gracias al apoyo de el y de toda su familia ella sigue adelante con su negocio.
El crédito que ella recibió lo utilizo para comprar mas hilos para sus tejidos y también compro semillas, fertilizantes y fungicidas para su trabajo en la agricultura.
Ella sueña con ampliar más su negocio, ofrecer mas variedad de tejidos a sus clientelas así obtendrá mejores ganancias y poder mandar a sus hijos a la escuela para un futuro mejor, el credito lo esta solicitando para la compra de materia prima para la compra de materia prima para tejidos

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

  • $5,300
    Average annual income
  • 95
    View loans »
    Guatemala Loans Fundraising
  • $9,959,450
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Solidario Trabajando Con Cristo Group's $1,175 loan helped a member purchase raw material for weaving.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 3, 2014
Listed
Feb 21, 2014
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014