Being hard-working and industrious women with very big dreams in life, they never stop thinking about improving their businesses, Evelyn M., who is the president of the group, has a business of plastic and fantasy and it is her goal to increase merchandise. Doña Maria wishes to supply more typical napkins in a diversity of colors and, of course, be able to serve her customers with "guipiles" in different sizes, colors, and Maria Rosaura wishes to continue to serve her customers with a variety of products from catalog.
Siendo mujeres muy esforzadas y trabajadoras con sueños muy grandes en la vida no dejan de pensar cada dia en la superación de sus negocios. Evelyn M. quien es la presidente del grupo tiene un negocio de plasticos y fantasia y su meta es el crecimientode mercadería, también doña María desea surtir mas servilletas tipicas en diversidad de colores, y por supueto poder atender a sus clientes en guipiles en direfetes tamaños, colores, y maria rosaura continuar atendiendo a sus clientes con productos de catalagolo en variedad.
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.