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Dúo Luchadores De San Pedro Group
In this Group: Maria Elena, Hector Alfonso
“Luchadoras de San Pedro” Group

This group is headed by Sra. Maria Elena. She has been selling fruit for five years at a stand at the market in her town. With summer approaching, the sale of fruit increases each day. She needs to buy more frequently so that she can keep up with demand and not disappoint her customers.

Maria Elena needs to request another loan so that she can buy more fruit. By taking advantage of the summer season, she will be able to generate good earnings.
View original language description ↓
Dúo Luchadoras de San Pedro En este grupo la encargada es la señora María Elena quien se dedica a la venta de frutas desde hace 5 años, situada en el mercado de su pueblo. El verano ha llegado y la venta de fruta crece cada día, debe de comprar más seguido para que le alcance y no le quede mal a sus clientes. Necesita nuevamente pedir un préstamo para poder comprar más fruta y aprovechar los días de verano y obtener muy buenas ganancias.

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
  • 94
    View loans »
    Guatemala Loans Fundraising
  • $9,105,075
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Dúo Luchadores De San Pedro Group's $1,050 loan helped a member to buy fruit to sell.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 28, 2014
Listed
Apr 18, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015