Dúo Unidas para Triunfar (Pair United to Triumph). This group includes Marleny, 21. She works selling edible goods for daily consumption. She has been doing this work for four years and thanks to God and to all of you, she has advanced a little bit. This is why she is applying for this loan to buy food to sell, since she has more customers and she needs more money to work. She hopes that everyone continues to help her so that she can advance more.
Dúo Unidas para triunfar. este grupo esta conformado por la señora Marleny de 21 años de edad, ella se dedica a la venta de productos comestibles de consumo diario ella se dedica a esta actividad desde hace 4 años y gracias a Dios y a la ayuda que a resibido de ustedes ella se a superado un poco mas es por esa razon que esta solicitando este credito para la compra de productos comestibles para la venta ya que sus clientes han aumentado y necesita mas capital para trabajar ella espera que le sigan ayudando para que ella se pueda superar un poco mas.
FAPE, 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.