Grupo Solidario Trabajadoras De Fe Group
This group is maD. up of 3 individuals.
Olga Esperanza U. Loco is the owner of a clothing store in the neighborhood where she lives. Patricio Z. X., who unfortunately passed away on February 11th, was also a member of the group. His friends and acquaintances very much lament his passing, as he was very responsible with his payments.
Enna Elvira O. is the third member of the group. She is the owner of a pharmacy located in Churrancho. She tells us that thanks to this loan she was able to improve her pharmacy and purchase medicine that she didn't have previously in stock. She also purchased a glass case to exhibit all of her medications. Further, she purchased cosmetics and a little bit of additional merchandise to keep her business going since her customers ask for many products. She is very happy because her business is getting more customers and she has a little bit more income thanks to this opportunity and she hopes to continue with her responsibilities.
*Patricio is not in the picture to protect his family.
Este grupo está integrado por Olga Esperanza U. L. quien es dueña D. un tienda D. ropa en la comunidad donD. vive, también estaba don Patricio Z. X. quien lamentablemente falleció el 11 D. febrero del año en curso, quien sus compañeras lamentan tanto la muerte D. don Patricio ya que el siempre fue muy responsable con sus pagos y ahora pues ya no está.
También esta Enna Elvira O., quien es dueña D. una farmacia ubicada en Chuarrancho, ella nos cuenta que gracias al crédito que se le otorgo pudo ampliar su farmacia comprar medicamentos que le hacían falta y comprar una vitrina y así poder exhibir todos los medicamentos, además compro cosméticos y un poco D. mercería para tener surtido el negocio ya que le piden muchas cosas ahora ella está muy contenta porque su negocio se ve más vistoso y pueD. obtener un poco mas D. ganancia agradece la oportunidad que se le concedió y espera seguir cumpliendo con su responsabilidad.
*Patricio no aparece en la foto para proteger a su familia.
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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Success!! The loan was 100% repaid