Check out some available loans that are similar to this one!
Dúo La Finquita Group
In this Group: Yuliana Yanileth, Victoria Judith
The Duo La Finquita [Little Farm Duo] includes Victoria Judith, 36, the mother of 4 children. Three of them are in school and one is only 3 years old. Some years ago, she took a course of study to learn how to make pastries. During this time, she has been doing cake decorations and styles. Today, she is well-known for exquisite cakes. She does lack the equipment to prepare her cakes and is, therefore, seeking a loan from FAPE to buy the equipment she needs to provide better service and quality to people who request her services as a pastry chef.
View original language description ↓
Dúo la finquita
Integrado por la señora victoria Judith de 36 años de edad, madre de 4 niños, tres de ellos estudian y uno cuenta don 3 años. Ella hace algunos años estudio un curso de pastelería pero durante el tiempo se fue actualizando con respecto a decoraciones y estilos de pasteles hoy en día es muy conocida por la exquisitez de sus pasteles pero considera ella que aun le falta equipo para la elaboración de sus pasteles y es por ello que toca las puertas de FAPE para que se le pueda otorgar un nuevo crédito para comprar el materia que necesita y con ello poder brindar un mejor servicio y calidad a las personas que le solicitan sus servicios como repostera

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
  • 74
    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 La Finquita Group's $800 loan helped a member to purchase bakery equipment.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 14, 2014
Listed
May 7, 2014
Currency Exchange Loss:
Possible
Ended:
Mar 19, 2015