Dúo Manos Ayudadoras Group
Maria Celeste is 48 years old. She is single. For five years, she has had a tortilla factory on the main street of San Rafael Chimaltenango. Due to her efforts, she has established and improved her home. Through her business, she has maintained and moved her family ahead.
Maria's dream is to improve the quality of life for herself and her family through the micro-loan she is requesting from FAPE. With the loan, she wants to purchase corn to continue growing her tortilla factory.
La señora Maria Celeste de 48 años, soltera, desde hace 5 años posee una Tortillería ubicada en la calle principal de la colonia San Rafael Chimaltenango, que a base de esfuerzos logro establecer y mejorar su vivienda, a través de su negocio ella ha mantenido y a sacado adelante a su familia.
El sueño de la señora María Elena poder mejorar la calidad de su vida y la de su familia a través del microcrédito que está solicitando a FAPE; con el préstamo quiere comprar Maíz para seguir creciendo con su tortillería.
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.
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.
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