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Dúo Bendicion De Vista Hermosa Group
In this Group: Maria Juliana, Ancelmo
“Bendicion de Vista Hermosa” Group

Sr. Alcelmo has been selling various types of clothing for women, men, and children for four years at different markets in the capital. With summer approaching, he needs to buy various types of clothes so that he doesn’t disappoint his customers. He has several clothing orders requesting cut-off blouses, shorts, spandex, T-shirts, and flip-flops in different sizes and colors.

Ancelmo does not have enough money to buy what he needs, so he is requesting a new loan so that he can acquire what he is lacking. He continues to strive toward achieving his dream of having a shop of his own and converting it into a warehouse. Ancelmo has the unconditional support of his wife and the help of his children.
View original language description ↓
Dúo Bendicion de Vista Hermosa El señor Ancelmo, quien tiene tres venta de ropa variada para damas, caballeros y niños desde hace 4 años, en diferentes mercados de la capital. El varano se aproxima y el necesita comprar ropa variada para no quedarle mal a sus clientes. Tiene varios pedidos en ropa como blusas cortas, shorts, licras, camisetas, yinas en diferentes tallas y colores, pero el dinero que tiene no le alcanza y necesita un nuevo préstamo para poder comprar lo que le hace falta. Sigue luchando por su sueño en tener un local propio y convertirlo en un almacén. Cuenta con el apoyo incondicional de su esposa y lo ayudan sus hijos.

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
  • 59
    View loans »
    Guatemala Loans Fundraising
  • $8,744,750
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Dúo Bendicion De Vista Hermosa Group's $1,425 loan helped a member to various types of clothing to sell.
91% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 28, 2014
Listed
Apr 17, 2014
Currency Exchange Loss:
Possible