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Timoteo
Timoteo is 53 years old. He is a person has enjoyed working hard in life. His business is selling firewood wholesale. He tells us that it is a business he has enjoyed because all his customers are punctual and his number of customers has increased. For this reason, he is requesting a loan to buy firewood by the pallet as he has a lot of demand from his customers and doesn't have enough capital to negotiate. His biggest dream is to provide his children with a better future.
View original language description ↓
Timoteo de 53 años de edad es una persona que le a gustado luchar por la vida el se dedica a la venta de leña por mayor el nos cuenta que es una actividad que le a gustado porque todos sus clientes son puntuales y han aumentado por eso el esta solicitando este credito para la compra de leña por tarima ya que tiene mucha demanda de sus clientes y no tiene el capital suficiente para negociar, el sueño mas grande de el es darles un mejor futuro a sus hijos.

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
  • 71
    View loans »
    Guatemala Loans Fundraising
  • $9,637,050
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Timoteo to buy firewood by the pallet.
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:
Jul 15, 2012