Duo Peña De Oro Group
Maria Esperanza S. is 34 years old. She has 2 children and has a business selling tortillas. She needs a loan to buy corn and 4 loads of firewood, because in this season the price of firewood is low.
Vivian Isabel N. L. is 30 years old and has 2 daughters. She has a business selling tortillas in her community. But she also has a baby in her care when she is not making tortillas. She needs a loan to buy 4 loads of firewood and to buy corn, because this is the season when the price of firewood is low.
MARIA ESPERANZA S.. TIENE 34 AÑOS D. EDAD, TIENE DOS HIJOS Y ELLA SE DEDICA A LA VENTA D. TORTILLAS, SU CREDITO LO NECESITA PARA PODER COMPRAR 4 TAREAS D. LEÑA PORQUE EN ESTA EPOCA ESTA UN POCO BAJO EL PRECIO D. LA LEÑA Y COMPRA D. MAIZ ES POR ESA RAZON QUE NECESITA SU PRESTAMO.
VIVIAN ISABEL N. L..TIENE 30 AÑOS D. EDAD Y TIENE DOS HIJAS, ELLA SE DEDICA A LA VENTA D. TORTILLAS EN SU COMUNIDAD, PERO TAMBIEN ELLA SE DEDICA A CUIDAR UN BEBE CUANDO DEJA D. TORTIAR, SU CREDITO LO NECESITA PARA COMPRAR 4 TAREAS D. LEÑA Y COMPRA D. MAIZ AHORA QUE ESTA BAJO EL PRECIO D. LA LEÑA.
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