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Dúo Mujeres De Vista Hermosa Group
In this Group: Isabel, Gloria
The Duo of Women of Vista Hermosa
Isabel is in charge of this group. She sells gifts and bookstore items in the main street of the area where she lives. Her daughters look after her shop and her husband helps with everything.
Mother's Day is coming up and she needs to purchase a variety of gift items for the occasion such as notebooks, plastic containers, towels, dictionaries, paper in a variety of sizes and prices, calculators and even pans to stock her store.
The money Isabel has will not be enough, so she needs a loan to purchase the items and in this manner avoid displeasing her clients.
View original language description ↓
Dúo Mujeres de Vista Hermosa La señora Isabel es la encargada de este grupo , quien tiene una venta de regalos y librería en la calle principal del sector donde vive. Se aproxima la fecha del día de la madre y ella necesita comprar varios regalos para la ocasión como cuadros, ollas, trastos de china, toallas, también necesita comprar diccionarios, libros, hojas de diferente tamaño y precio, calculadoras para la librería pero el dinero que tiene no le alcanza por eso necesita un préstamo para poder comprar y así no quedarles mal a sus clientes. Sus hijas son quienes atienden el negocio y su esposo le ayuda en todo.

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
  • 75
    View loans »
    Guatemala Loans Fundraising
  • $9,883,175
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Dúo Mujeres De Vista Hermosa Group's $1,050 loan helped a member to purchase merchandise for the bookstore.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 5, 2014
Listed
Jun 10, 2014
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2015