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Dúo Buena Vista De San Martin Group
In this Group: Ana Luisa, Marco Vinicio
The group "Dúo Buena Vista de San Martin,Este Dúo" includes Ana Luisa, who is 23. She has worked in the weaving and sale of "tejidos" [traditional Guatemalan garments] for some years. She wants the opportunity to take out a loan to buy primary material for the weaving and sale of these traditional garments.
View original language description ↓
Dúo Buena Vista de San Martin,Este Dúo esa Esta integrado por la señora Ana Luisa de 23 años de edad, ella se dedica a la elaboracion y venta de tejidos tipicos desde hace varios años, en esta oportunidad ella esta solicitando este credito para la compra de materia prima para la elaboracion y venta de tejidos tipicos.

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.

About Guatemala

  • $5,300
    Average annual income
  • 77
    View loans »
    Guatemala Loans Fundraising
  • $9,872,275
    Funds lent in using Kiva
  • 7.7
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Dúo Buena Vista De San Martin Group's $800 loan helped a member to buy primary material for the weaving and sale of traditional garments.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 11, 2014
Listed
May 7, 2014
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014