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Alberto
Mr. Alberto X. is 39 years old and has five children, two of them are adults who help him sell in the morning and attend school in the evening. Alberto has had his business for 15 years and he thanks God, FAPE, and Kiva for the loan support he has gotten over the past two years. They have allowed him to expand his clothing business.

The loan that Alberto is asking for is for new merchandise and business expansion. Alberto’s dream is to open a new shop with new merchandise. He wants to increase his revenue so that he can improve his children’s future. He wants them to continue to study and become well off.
View original language description ↓
Don Alberto X. tiene 39 años tiene 5 hijos, los dos mayores de edad le ayudan con las ventas por la mañana y por la tarde estudian. Alberto tiene 15 años de tener su negocio y da gracias a Dios y a Fape / kiva por el apoyo que le han brindado los ultimo 2 años con creditos ya que con ellos a podido incrementar su negocio de ropa. El crédito que Don alberto solicita es para comprar nueva mercaderia y ampliar su negocio. El sueño de Don Alverto es abrir un nuevo local con nueva mercaderia y optener mejores ganancias para poder da un mejro futuro a sus hijos para que sigan estudiando y sena personas de bien.

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

  • $5,300
    Average annual income
  • 70
    View loans »
    Guatemala Loans Fundraising
  • $9,637,050
    Funds lent in using Kiva
  • 8.0
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Alberto inventory.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 9, 2010
Listed
Jul 30, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011