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Dúo Alicia Y Helen Group
In this Group: Helen Susana, Alicia
Alicia is in charge of the group called Dúo Alicia y Helen, and she has had a shop for 15 years. She is requesting a loan as she need several products, such as cans and various sizes of bottles of soda, as well as rice, beans, and sugar in bulk to save money. Alicia's dream is to continue growing and to eventually have a warehouse in the area. Her spouse helps her with everything, and her children are always with her.
View original language description ↓
Dúo Alicia y Helen La encargada de este grupo es la señora Alicia quien tiene una tienda desde hace 15 años, tiene la necesidad de pedir un préstamo porque le hacen falta varios productos como gaseosas por jumbos, litros, latas, normales también tiene la necesidad de comprar arroz, frijol, azúcar por quintal ya que así ahorra buen dinero. Su sueño es seguir creciendo cada día y llegar a tener un depósito en su sector. Su esposo la apoya en todo y sus hijos nunca la han dejado sola.

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
  • 64
    View loans »
    Guatemala Loans Fundraising
  • $9,071,425
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Dúo Alicia Y Helen Group's $1,100 loan helped a member to buy day-to-day products.
92% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 5, 2014
Listed
Jun 10, 2014
Currency Exchange Loss:
Possible