Estefana Garcia Velasquez


Status: Paying Back

$1,125.00   Loan Amount
62% repaid

About the Entrepreneur

Name: Estefana Garcia Velasquez
Location: Villa Lobos Ii, Villa Nueva, Guatemala
Activity: General Store

About the Loan

Loan Amount: $1,125.00
Loan Use: Invest in merchandise for her store that sells basic need items
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 7, 2009
Date Disbursed: May 6, 2009
Date Funded:May 7, 2009

About the Country

Country:Guatemala
Avg Annual Income:$4,155.00
Currency:Guatemala Quetzales (GTQ)
Exchange Rate:8.0835 GTQ = 1 USD



Estefan is a widow, 52 years old, and has 4 children who are all married adults. She has a shop named "Buenos Aires" where she sells basic need items, such as gas and water by the jug. Her business is located in Villa Nueva, Guatemala.

She needs a loan in order to grow her business and earn more profits. Her dream is to manage her own money and earn higher profits, especially since she is the main provider for her family.


Translated from Spanish by Brittany Thatcher, Kiva Volunteer


Estefana es viuda, tiene 52 años de edad y 4 hijos, ya todos mayores de edad y casados. Ella tiene una tienda llamada “Buenos aires” en la cual vende artículos de primera necesidad, también vende gas y agua por garrafones. Su negocio se encuentra en Villa Nueva, Guatemala.
Ella necesita un nuevo crédito para surtir su tienda, y de esta forma obtener más ganancias. Su sueño en manejar un capital propio u obtener mejores ganancias, ya que es única proveedora de ingresos en su familia.

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Journal entries for Estefana Garcia Velasquez


Loan has been disbursed
 
Entrepreneur: Estefana Garcia Velasquez
Location: Villa Lobos Ii, Villa Nueva, Guatemala

Thank you for your loan. It has been disbursed to Estefana Garcia Velasquez by FAPE in Guatemala. We are excited to watch this business grow. Over the 7 months of this loan, FAPE will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Villa Lobos Ii, Villa Nueva, Guatemala
May 8, 2009
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Kiva Help Repayment Schedule for Estefana Garcia Velasquez

  Expected Repayments Actual Repayments Comments
August 2009 $140.62 $140.63 Repayment Received
September 2009 $140.62 $140.63 Repayment Received
October 2009 $140.62 $140.60 Repayment Received
November 2009 $140.62 $140.62 Repayment Received
December 2009 $140.62 $140.62 Repayment Received
January 2010 $140.62 Available Jan 1  
February 2010 $140.62 Available Feb 1  
March 2010 $140.66 Available Mar 1