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Paula
Paula is requesting this loan to buy more merchandise for her convenience store, Tienda Mary. She has had this business for one year. Before that, she worked selling fruit in Guatemala City. She says that her customers are asking for more products and she wants to meet that demand. Therefore, she is going to use her loan to purchase daily consumption items such as beans, rice, oil, soap, etc. This is her first loan with FAPE, but she has received other loans from other banks in the past.


Paula is 53 years old, married, and has 7 children, who are between the ages of 14 and 38. Her children have studied but only through primary school. Paula herself has studied a little and says she can read and write a little. Paula has many dreams to improve her life. She wants to invest in more inventory, to advance herself, and maybe someday have more businesses.


Translated from Spanish by Megan Montgomery, Kiva Fellow.



Paula está pidiendo este préstamo para comprar más mercadería para su tienda de productos básicos que se llama Tienda Mary. Ella ha tenido este negocio por un año. Antes, trabajó en la venta de frutas en la ciudad capital de Guatemala. Ella dice que la gente pide más mercadería y ella quiere satisfacer esta demanda. Por lo tanto, va a usar su préstamo para comprar cosas de consumo diario como frijol, arroz, aceite, jabon, etc. Este es su primer préstamo con FAPE, pero ha recibido otros préstamos de otros bancos en el pasado.

Paula tiene 53 años, es casada, y tiene siete hijos que tienen entre 14 y 38 años. Sus hijos han estudiado, pero solo sacaron primaria. Ella misma estudió un poco y dice que puede leer y escribir un poco. Paula tiene muchos sueños de mejorar su vida. Quiere invertir mas en productos, superarse, y quizás algún día tener más negocios.

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
  • $9,872,275
    Funds lent in using Kiva
  • 7.5
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Paula to purchase daily consumption items such as beans, rice, oil, soap, etc.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Aug 8, 2008
Listed
Jul 24, 2008
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2009