For 18 years, Sr. José operated a small import-export business in which he had 12 employees producing 70 dozen blouses each day. He closed the business so that he could travel to the United States. When he returned, he started a taxi business that has been in operation for 8 years. At the moment, he has 4 taxis and 3 drivers who are paid daily and generate weekly revenue of 1000 GTQ per taxi.
Sr. José also owns a wholesale clothing store in which he will invest this loan.
About FAPEFAPE, the Foundation for the Assistance of Small Businesses, is a nonprofit, socially-minded institution that provides loans to micro-entrepreneurs across Guatemala.
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