Doña Rosa Maria is one half of Dúo Los claveles de Santiago [The Two Carnations of Santiago], and has specialized in making and selling piñatas for nine years. She and her partner and attempting to offer a greater variety of products and learn to make any kind of piñata so they can meet demand for piñatas showing new characters appearing in movies and cartoons. The pair now also sells snacks, gift bags, and hats, and are happy with the results they've achieved. They want to save money to purchase a window where they'll be able to display their products.
Only one of Doña Rosa Maria's children still lives with her, a daughter who is still in school. Doña Rosa Maria aspires to help her daughter finish her studies and graduate as her other children have.
Dúo Los claveles de Santiago, representado por doña Rosa Maria, quien se dedica a la venta y elaboración de piñatas desde hace 9 años, ha buscado variar productos y capacitarse para poder elaborar todo tipo de piñata ya que hay pedidos depende de que personaje nuevo aparezca en películas y caricaturas, también ahora cuenta con venta de golosinas, bolsas de sorpresas y gorros, está feliz por el resultado y desea ahora comprar una vitrina para presentar sus productos, ya solo tiene a su cargo una hija quien aun estudia y desea ayudar a culminar sus estudios como lo ha hecho con sus otros hijos.
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.