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Paula Lileth
Paula Lileth has been the owner of a general store for the past 4 years, which she established due to the fact that the neighborhood in which she lives did not have a store. She began selling fruits and vegetables, which as time passed generated profits and that is how she decided to start selling products such as coffee, bread, eggs, etc, and other items that people consume. She says that she began with 2 pounds of each item.

Her business has grown due to good administration and the service that she provides people. The store is attended to by her entire family, that is, herself, her two children, and her husband. Currently Paula needs a loan given that she hopes to open another store and asks that the FAPE provide her a loan.
View original language description ↓
Paula Lileth es dueña de una tienda de productos básicos desde hace 4 años la cual la instalo debido a que la colonia donde habita no había ninguna tienda, ella inicio vendiendo frutas y verduras, las cuales con el transcurso del tiempo le generaron ganancias y fue así como decidió vender productos como café, pan, huevos etc.,y otros artículos que la gente consumía, ella dice que inicio con 2 libras de cada artículo.

Su negocio ha crecido debido a la buena administración y al servicio que se les brinda a las personas. La tienda es atendida por toda la familia por ella sus dos hijos y su esposo. Ahora Paula tiene necesidad de un préstamo ya que desea abrir otra tienda y solicita a FAPE le brinde un préstamo.

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
  • 69
    View loans »
    Guatemala Loans Fundraising
  • $9,620,150
    Funds lent in using Kiva
  • 7.9
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Paula Lileth to open a neighborhood general store.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jan 30, 2009
Listed
Jan 28, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 23, 2009