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Dúo Del Valle Group
In this Group: Inocenta, Odilia Isabel
DEL VALLE DUO

Inocenta is 78 years old. She is single and has made tortillas for 35 years. Her tortilla business is located in Chimaltenango. With her hard work she was able to establish and improve her housing, With her business, she has supported herself and gotten her family ahead.

Inocenta dream is to be able to improve her family's quality of life through the micro-loan that she she is asking FAPE for. With the loan, she wants to buy corn and firewood to keep growing her tortilla business.
View original language description ↓
DUO DEL VALLE
La señora Inocenta de 78 años, soltera, desde hace 35 años posee una Tortillería ubicada en Chimaltenango, que a base de esfuerzos logro establecer y mejorar su vivienda, a través de su negocio ella ha mantenido y a sacado adelante a su familia.
El sueño de doña Inocenta es poder mejorar la calidad de su vida y la de su familia a través del microcrédito que está solicitando a FAPE; con el préstamo quiere comprar Maíz y Leña para seguir creciendo con su tortillería.

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

  • $5,300
    Average annual income
  • 72
    View loans »
    Guatemala Loans Fundraising
  • $9,620,150
    Funds lent in using Kiva
  • 7.7
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Dúo Del Valle Group's $650 loan helped a member to buy corn and firewood to make and sell tortillas.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 10, 2014
Listed
Mar 29, 2014
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014