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Dúo Oasis De Amor Group
In this Group: Sara, Maria Gregoria
The "Oasis de amor" duo includes Sara from the municipality of San Juan Sacatepéquez. Sara owns a store where she sells daily consumption goods, offering her neighbors and customers products that include beans, rice, pasta, soft drinks, juices, soups, grains and fresh vegetables. She travels to the local market to buy these products. Sarah expresses a need for capital because her customers' most sought after products are corn, beans, instant soups, and soft drinks.
View original language description ↓
Dúo Oasis de amor Conformado por la señora doña Sara es originaria del municipio de San Juan Sacatepéquez, doña Sara quien cuenta con una venta de consumo Diario, donde ofrece a sus vecinos y clientes productos como frijol, arroz, pastas, gaseosa, jugos, sopas, cereal y también verduras frescas que ella viaja a comprar al mercado de la localidad, doña Sara expresa que necesita de capital ya que entre los productos más buscados por las personas que visitan su negocio es el, maíz, frijol. Sopas instantáneas, y gaseosas.

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
  • 80
    View loans »
    Guatemala Loans Fundraising
  • $8,864,125
    Funds lent in using Kiva
  • 7.7
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Dúo Oasis De Amor Group's $775 loan helped a member to buy daily consumption goods.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 21, 2014
Listed
Mar 14, 2014
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2015