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Aracely Maribel
Aracely works selling mufflers and in sewing. She has worked with FAPE for six loan cycles and has used the credit in both businesses. She began her muffler business in 2002 with the help of her father-in-law and her husband. They were robbed twice in 2007 and were left with very little inventory but they never despaired. With the help of the suppliers, friends, and responsible clients, who had full confidence in them, they were able to restock their shop. Previously their business was small and informal, but now it is a formal and stable business.


Aracely has always liked to sew and has done it since she was 17 years old. She sews blouses in the style of the Quiche region, skirts, pants, uniforms, and all types of things. She has sewing machines which she has bought little by little with the help of her husband. Although they have the two businesses, Aracely wants to use this loan from Kiva to invest in their muffler sales.


Translated from Spanish by Megan Montgomery, Kiva Fellow.


Aracely trabaja en la venta de silenciadores y en la costura. Ha trabajado con FAPE por seis ciclos de crédito, y ha usado el crédito en los dos negocios. Araceli inició su negocio de silenciadores en al año 2002 gracias al apoyo de su suegro y empeño de su esposo. Ella y su esposo fueron asaltados dos veces en el 2007 y quedaron con muy poco mercadería pero nunca desmayaron. Con la ayuda de los proveedores en aquel entonces que confiaban plenamente en ellos los ayudaron a capitalizarse otra vez. Amigos también y también por sus clientes muy responsables en mercadería al crédito. En aquel entonces eran un negocio pequeño e informal, pero hoy en día ya registrados y es un negocio formal y estable.


Doña Aracely siempre le gusto la costura, y lo hace desde sus 17 años. Confecciona blusas Quichelenses, confección de faldas, pantalones, uniformes todo tipo de costura. Tiene sus maquinas que logró comprarlas poco a poco con el apoyo de su esposo. Aunque tienen los dos negocios, Aracely quiere usar este préstamo de Kiva para invertir en la venta de silenciadores.

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
  • 72
    View loans »
    Guatemala Loans Fundraising
  • $9,387,125
    Funds lent in using Kiva
  • 7.5
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Aracely Maribel to purchase mufflers and other car parts for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 1, 2008
Listed
Aug 11, 2008
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2009