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Jose Ovidio
Don Ovidio is 67 years old. He is married and lives with his wife and son in their own home. He has a great deal of business experience because he began to sell used clothing when he was very young.
Don Ovidio lives in a very large community. His dream is to have a business that makes clothing and to manage his own capital. He has been selling used clothing from his current store for three years. He also has three taxis. Don Ovidio requests a loan to increase inventory and offer new items at his store. Because he does not have much competition near his store, his income is much higher than it might be.
View original language description ↓
Don Ovidio tiene 67 años, es casado vive con su hijo y esposa en su casa propia, el tiene mucha expereincia en el aspecto comercial ya que desde muy pequeño se inicio vendiendo ropa usada.
Don Ovidio vive en una comunidad muy grande, es sueño de don Ovidio es tener una empresa de costuras y manejar su propio capital. El tiene un local de rpa usada en el cual tiene 3 años de estar y también tiene 3 lineas de taxi, Don Ovidio solicita un crédito para poder incrementar su mercaderia y ofrecer nuevas cosas en su tienda de ropa usada, el lugar donde se ubica el local de don Ovidio no tiene mucha competencia y gracias a esto los ingresos son mucho mayores.

Additional Information

About FAPE

FAPE, the Foundation for the Assistance of Small Businesses, is a nonprofit, socially-minded institution that provides loans to micro-entrepreneurs across Guatemala.

About Guatemala

  • $4,155
    Average annual income
  • 64
    View loans »
    Guatemala Loans Fundraising
  • $9,088,350
    Funds lent in using Kiva
  • 8.0
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Jose Ovidio supply his store with more merchandise.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 23, 2010
Listed
Jul 30, 2010
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2011