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Sonia Margarita
Sonia is 24 years old and started her business 3 years ago selling candies, corn, sodas, and beans. Her small store of products has grown over time and has developed significantly. Today she also has a warehouse of sodas that she distributes to other smaller businesses close to the area where she lives. She also sells and delivers bread. During this time, she has helped her husband with his business that manufactures shirts. She desires this loan because she has a large demand of customers and would like to grow her store to take advantage of the end of the year parties. Her dream is to save and be able to cover the bills when her small children become students.
View original language description ↓
Sonia tiene 24 años de edad, inicio su negocio hace 3 años vendiendo golosinas, maíz, aguas gaseosas y fríjol. Su pequeña tienda de productos de consumo ha crecido paso el tiempo, y ha surtido mas. Hoy en día ella también tiene un depósito de aguas gaseosas, y las que reparte a otros negocios mas pequeños cercanos al área donde vive, también vende y pan a domicilio. Con el tiempo ella ha ayudado a su esposo con el negocio que el tiene que es la elaboración de camisas de vestir. Ella desea el crédito ya que tiene mucha demanda de sus clientes, y quiere hacer más grande su tienda, para aprovechar las fiestas de fin de año. Su sueño es ahorrar y cuando sus hijos pequeños estudien poder cubrir y ayudar a esos gastos.

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
  • 74
    View loans »
    Guatemala Loans Fundraising
  • $8,374,425
    Funds lent in using Kiva
  • 7.5
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Sonia Margarita to invest in groceries for the growth of her business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 26, 2008
Listed
Oct 12, 2008
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2009