Dúo Mujeres Comerciantes Group
32 year old Señora Silvia Leticia is single and she has worked selling new and used traditional clothing for two years. She is seeking capital to buy some traditional blouses, as well as some bags and "cortes sanjuaneros" (traditional skirts). She hopes some day that her business will be truly sustainable, because as yet she lacks capital to invest. With her work she helps her mother and her sister who is still in school, because she did not have the opportunity to study herself. She hopes you can help her with the requested loan.
La señora Silvia Leticia de 32 años de edad, soltera se dedica a la venta de ropa típica nueva y usada, desde hace 2 años, le están pidiendo algunos estilos de güipiles, entonces por eso necesita el capital porque también tiene que comprar algunos delantales y cortes sanjuaneros, ella espera algún día su negocio sea realmente sostenible porque aun le falta capital para invertir, con su trabajo ella ayuda a su mama y a una su hermana que aun está estudiando porque ella no tuvo la oportunidad de estudiar,espera que le puedan ayudar con el credito solicitado.
About FAPEFAPE, 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.
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