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Jose Antonio
View original language description ↓
José Antonio P. has a business selling mobile telephones in the area.

He started his business two years ago with financial support from his parents.

Thanks to his business he has been able to continue his university studies. Despite his young age, José is a very enterprising person.

He started this business after identifying local demand for mobile phones and the need for people to travel to the next town to buy one.

Given constant changes in cell phone technology, José needs a loan to invest in acquiring more products.

Translated from Spanish by Todd M. Anderson



El señor José Antonio P. tiene un negocio de venta de aparatos de teléfonos móviles en la localidad.


Su negocio lo inicio hace 2 años, con la ayuda económica de sus padres. Gracias a su negocio el ha podido continuar sus estudios universitarios, a pesar de ser muy joven, es una persona muy emprendedora.


El empezó este negocio aprovechando la necesidad de que las personas de adquirir teléfonos móviles, y muchas de ellas tenían que trasladarse a otras localidades para obtenerlos.


El préstamo lo necesita para invertir en más productos, ya que este negocio requiere de mucha inversión, por los constantes cambios en la tecnología.

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
  • 96
    View loans »
    Guatemala Loans Fundraising
  • $9,959,450
    Funds lent in using Kiva
  • 7.5
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Jose Antonio purchase of cellular telephones for sale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Disbursed:
Jul 29, 2008
Listed
Jul 1, 2008
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009