Dúo Emanuel De Santo Tomas Group
This duo includes Rosa Amalia. She is 36 years old and sells shoes and women’s clothing from her shop in Santo Tomas. She’s done this for several years and is asking for this loan to buy ladies’ and men’s shoes, blouses, and ladies’ pants. She wants to stock her shoe store and satisfy her customer needs.
Este dúo está conformado por Rosa Amalia, ella tiene 36 años de edad y se dedica a la venta de Zapatos y ropa para dama, en su local ubicado en Santo Tomas, desde ya hace varios años, ella está solicitando el crédito para la inversión de compra de zapatos para dama, y caballero así como compra de blusas y pantalones para dama, su deseo es surtir mas su zapatería, y satisfacer las necesidades de sus clientes.
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