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Jonny Manolo
Manolo is 35 years old, married, and has two children aged 4 and 7. He tells us that his plantain chip business has grown. He started his business two years ago, working with a loan, with a banana company. He finished paying back and started working with his own capital. By saving up, he was able to buy a car and hire two people to help him. Manolo is requesting a loan to invest in his business as he has more orders and doesn't have enough capital to buy supplies.
View original language description ↓
Don Manolo Es casado tiene dos Hijos uno de 4 años, y el otro de 7 tiene 35 años de edad don Manolo nos cuenta que su empresa de plataninas a ido creciendo, el, inicio su negocio hace 2 años, trabajando al credito con una ampresa de platanos y luego termino de pagar y empeso a trabajar con un capital propio ahorrando pudo comprar su carro y contratar a dos personas para que le ayuden y de la misma manera Manolo Solicita un credito para poder invertir en su negocio ya que ahora tiene mas pedidos y no tiene el capital suficiente para comprar su mercaderia

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
  • 76
    View loans »
    Guatemala Loans Fundraising
  • $9,883,175
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Jonny Manolo to buy plantains for making 'plataninas' (plantain chips).
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 30, 2011
Listed
Aug 1, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 20, 2011