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Maria Esperanza
Maria operates a convenience store, Tienda San Antonio, in the front of her house. She is requesting this loan to buy more merchandise, such as beans, rice, oil and other items to sell in her store. She has had the store for seven years and this loan would help her a lot right now because her inventory is scarce. In addition to selling from her store, Maria travels to Guatemala City to sell at the market, where she sells things like beans, rice, fruits and vegetables. She has the most sales on Saturdays and Sundays. When Maria is selling in the city, her sister and her grandmother help her with the store at her house.


In addition to selling daily consumption items, Maria grows corn on the land around her house and also has a mill to grind corn for making tortillas. She has received loans from another bank in the past, which she used to invest in grinding corn. Now she wants to invest in Tienda San Antonio. She says that if she has more inventory, she can sell more and earn more. There is demand for her products and she only needs to capital to buy more in order to expand her business.


Maria is a 24 year old single mother and her seven year old son is in school. She only studied up to the sixth grade and wants her son to have more opportunities than she had. She dreams of being able to expand her business to continue supporting her son in his studies and that he will continue moving forward in life.


Translated from Spanish by Megan Montgomery, Kiva Fellow.



Maria tiene una tienda de consumo diario en la frente de su casa que se llama Tienda San Antonio. Ella está pidiendo este préstamo para comprar más mercadería, como frijol, arroz, aceite, y otras cosas de consumo diario para vender en su tienda. Ha tenido su tienda por siete años, y dice que este préstamo la ayudaría mucho porque ahora su inventario está escaso. Además de sus ventas de su tienda, Maria viaja casi todos los días de su cantón rural y retirada a la cuidad capital de Guatemala para vender en el mercado, donde vende cosas como frijol, arroz, frutas, y verduras. Tiene las más ventas en los sábados y los domingos. Cuando Maria está vendiendo en la capital, su hermana y su abuela la ayuda en su tienda en su casa.

Además de sus ventas de consumo diario, Maria también cultiva milpa en su terreno alrededor de su casa y tiene molino de maíz también. Ha recibido préstamos de otro banco en el pasado que usó para invertir en el molino, pero ahora quiere invertir en la Tienda San Antonio. Ella dice que, si hay más mercadería, venderá más y ganará más. Hay demanda para sus productos, y solamente necesita la capital para comprar más para aumentar su negocio.

Maria es una madre soltera de 24 años, y su hijo de 7 años está en la escuela. Ella solamente estudió hasta el sexto grado y quiere que el tenga mas oportunidades que ella tuviera. Sueña que puede aumentar su negocio para seguir apoyando a su hijo en sus estudios y que él seguirá adelante en la vida.

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
  • 56
    View loans »
    Guatemala Loans Fundraising
  • $9,379,275
    Funds lent in using Kiva
  • 7.5
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Maria Esperanza to buy merchandise, such as beans, rice, oil and other items to sell in her store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Aug 10, 2008
Listed
Jul 24, 2008
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2009