Duo Valle De La Alameda Group
The other member is requesting this loan to purchase bundles of clothing.
este duo esta integrado por doña iris del Rosario tiene 21 años de edad ella se dedica a la venta de productos de consumo dirio, desde hace 2 años,actual mente ha tenido que buscar un trabajo de medio tiempo,ya que por epocas las ventas bajan,pero ella esta solicitando este credito para la compra de mas productos comestibles de consumo diario ya que nececita surtir mas su negocio,la siquiente socia esta solicitando este credito para la compra de ropa de paca.
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