Dúo Luchadoras De San Mateo Group
Mrs. María Magdalena is a member of this duo. She is thirty-five years old and has four sons; the eldest is fourteen and the youngest, one. She sells common supplies, such as sugar, noodles, soups, sausages, oil, cream, cheese and vegetables, in a place called San Mateo Milpas Altas.
She is requesting a loan to buy broilers and butcher them, since her customers order chicken from her knowing that the “Antigua” market is far from their town and they can only go on Mondays, Thursdays and Saturdays. She says that chicken must be sold fresh, and that is why she is requesting the loan.
Este dúo es conformado por doña María Magdalena ella tiene 35 años de edad, y tiene cuatro niños varones el mayor es de 14 y el más pequeño de un año, su negocio es una tienda de productos comestibles de consumo diario como azúcar, fideos, sopas, salchichas , aceites, crema, queso, y verduras; situado en san mateo milpas altas, ella está solicitando el crédito para comprar pollos de engorde y destazarlos, ya que sus clientes le piden pollo porque en su pueblo solo pueden bajar a el mercado de la antigua lunes jueves y sábados por lo lejos que está y ella menciona que la venta de pollo es de venderlo fresco por tal motivo solicita el crédito.
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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