Solidario Trabajando Con Alegria Group
Margarita has been working within this field for some years since it has been the means used to help her family get ahead. Her husband is a farmer and thanks to his and the rest of her family's help, she continues moving forward with her business. Her dream is to expand her business in order to obtain greater earnings and as such send her children to school in hopes of a better future. She is requesting this loan to buy raw material to produce traditional weaves.
Doña Margarita es originaria de la aldea Pacorral tiene 41 años de edad bajo su responsabilidad están sus 7 hijos menores de edad, ella se dedica a la elaboración de tejidos típicos a mano y a la agricultura.
Ella viene realizando esta actividad desde hace algunos años ya que es el medio que la ha ayudado para salir adelante con su familia.
El esposo de ella trabaja como agricultor y gracias al apoyo de el y de toda su familia ella sigue adelante con su negocio.
El sueño de ella es ampliar mas su negocio para obtener mejores ganancias y así mandar a sus hijos a la escuela para un futuro mejor, esta solicitando este credito para la compra de materia prima para la elaboracion de tejidos tipicos para la venta
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