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Carmen
View original language description ↓
Two years ago Carmen was a wandering saleswoman selling clothes; she sold her products from house to house. She started with only a bit of merchandise, mainly women's tops. As time has gone on her sales have increased and with her earnings she has been able to invest more in her business, and a year ago she rented a small stall in the Villa Nueva Market. Now she needs more capital to keep investing in her business and earn more.


Carmen asked for a loan from FAPE to invest in some men's and women's trousers, also in underwear and clothes for all the family. She wants to have a better business, better earnings and to give her kids and her family a better quality of life.

Translated from Spanish by Liz Harvey, Kiva Volunteer



Carmen hace dos años era una vendedora de ropa ambulante, vendía sus productos de casa en casa, empezó su negocio con poca mercadería principalmente blusas para mujeres. Con el paso del tiempo sus ventas fueron creciendo y con las ganancias pudo invertir mas en su negocio, hace un año tuvo la idea de alquilar un local comercial, el cual esta situado en el Mercado de Villa Nueva. Ahora ella necesita más capital para poder seguir invirtiendo en su negocio y tener más ganancias.

Por eso Carmen solicito un préstamo a FAPE, para poder invertir en comprar pantalones para hombre y mujer, también para ropa interior, y ropa para toda la familia... Ella quiere tener un mejor negocio, tener mejores ingresos y así darles una mejor calidad de vida a sus hijas y su familia.

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
  • 64
    View loans »
    Guatemala Loans Fundraising
  • $9,085,550
    Funds lent in using Kiva
  • 7.4
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Carmen to buy a variety of clothes for her clothes selling business/Compra de mas variedad de ropa, para su negocio de venta de ropa.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 8, 2008
Listed
Aug 21, 2008
Currency Exchange Loss:
Covered
Ended:
Dec 23, 2009