Solidario Flor De Pascua Group
This group is maD. up of three ladies: Sara C., Milva Alicia and Albertina C.. They are all married and live with their husbands and children. Two of the women sell clothes and the other sells tortillas.
Milva Alicia tells us that her business has improved since she was given her loan and that she has maD. better profits. She says, thanks to God, she hasn't had any problems with her business and she feels fulfilled because it is a great support for her family. She is very grateful to FAPE for the support that they gave her with the loan. Milva Alicia's biggest dreams are to make her business even larger and to ensure that her children have everything they need in order to study and become upstanding citizens.
Sara needs her loan to buy traditional clothes wholesale.
Milva Alicia needs her loan to buy a range of clothes wholesale.
Albertina needs her loan to buy corn and firewood for making tortillas.
Milva Alicia nos cuenta que a mejorado desD. que le dieron su credito y que a tenido mejores ganancias y que por la gracia D. Dios no a tenido ningun problema con su negocio y que se siente una mujer realizada ya que es un gran apoyo para su familia y que eta muy agradecida con fape por el apoyo que le brindo con dicho credito el sueño mas granD. para ella es agrandar mas su negocio y que sus hijos tengan lo nesesario para estudiar y que sean personas D. bien.
Doña sara nececita su credito para la compra D. ropa tipica por mayor.
Doña Milva alicia nececita su credito para la compra D. ropa bariada por mayor.
Doña Albertina nececita su credito para la compra D. maiz y leña para elavorar tortillas.
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