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Magaly Salvadora
Magaly Salvadora V. is an outstanding and modest individual who sells food products for daily consumption such as eggs, beans, rice, corn, and other products. She also sells canned goods. Thanks to God, Magaly says her business has done very well. With her previous loan, she was able to earn a little bit more income due to an increase in her sales.


She is requesting this loan to buy food products so that she can generate slightly more revenue and offer a greater variety of merchandise to her customers. Her dream is to have a larger location so that she can increase her income and move her family forward with the support that FAPE and Kiva has provided.

View original language description ↓
Magaly Salvadora V. es una persona muy buena y umilde, es una persona que se dedica a la venta de productos comestibles o de consumo diario, ella vende huevos, frijol,arroz,maiz etc, y tambien se dedica a la venta de productos enlatados, ella dice que gracias a Dios le a ido bien en su negocio,con su credito anterior logro creser un poco mas con su ganancia, y gracia a eso a ido aumentando sus ventas, solicita este credito para compra de producto comestibles, para asi aumentar un poco mas su ganancia y asi ofrecer mas bariedad de productos a sus clientes su sueño es tener un local mas grande y asi aumentar mas sus ingresos y sacar adelante a su familia agradese a fape y a kiva por la ayuda brindada

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
  • 62
    View loans »
    Guatemala Loans Fundraising
  • $9,070,525
    Funds lent in using Kiva
  • 8.0
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Magaly Salvadora purchase groceries to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 20, 2010
Listed
Jan 21, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2011