Check out some available loans that are similar to this one!
Maria Valeria
Maria Valeria is 54 years old and has 9 children, all of whom are adults and no longer live with her. For the past 15 years, she has sold corn and beans in her neighborhood market. She sells her product in both small and large quantities. Her husband helps her in her business. The days she is able to sell the most are Thursdays and Sundays, which are called "market days," and she takes advantage of these days. The other days of the week, she stays in her home and makes hand-woven fabrics. She needs a loan to invest in the purchase of corn and beans in large quantities in order to be able to sell at a better price. Her goal is to improve her business and her income so she doesn't have to depend on others for her livelihood.
View original language description ↓
Maria Valeria es una mujer de 54 años, tiene 9 hijos, y ya todos son mayores de edad y ya no viven con ella. Tiene 15 años de vender maíz y fríjol en el mercado de su localidad. Vende por pequeñas cantidades su producto y también por volúmenes mayores. Su esposo le ayuda en su negocio. Los días de mas venta son los días jueves y domingo, se les llama “días de mercado”, los cuales ella aprovecha mucho. Los demás días de la semana ella esta en su casa, y allí se dedica a la elaboración de tejidos típicos a mano. Ella necesita el préstamo para invertir en la compra de maíz y fríjol por cantidades grandes, así logra un mejor precio para la venta. Su deseo es mejorar su negocio y sus ingresos y no depender de otras personas para poder vivir.

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
  • 100
    View loans »
    Guatemala Loans Fundraising
  • $9,093,100
    Funds lent in using Kiva
  • 7.9
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Maria Valeria invest in her business selling corn and beans.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 13, 2009
Listed
Feb 18, 2009
Currency Exchange Loss:
Covered
Ended:
Jan 20, 2010