Kiva conducts regular, ongoing monitoring of all Field Partners, but only posts status updates here in response to relevant, major changes at the partner.

FAPE, the Foundation for the Assistance of Small Businesses, is a nonprofit, socially-minded institution founded on November 29, 1984. The microcredit arm of FAPE was established on March 6, 1986 to achieve FAPE´s principle objective of providing small monetary loans to micro-entrepreneurs around Guatemala. FAPE has one central office in Guatemala City and serves over 3,300 clients.

FAPE´s vision is to be a leader in the Guatemalan microfinance sector while maintaining its core principles and values – providing attention to the entrepreneurs it serves through credit, technical assistance, business training and auxiliary services to improve its clients’ lives. Through its work and by the hand of God, FAPE hopes to see communities positively impacted and poverty alleviated in the areas it serves.


To stimulate the development of micro-entrepreneurs, small business owners and their communities through financial services, training, and Christian orientation – all provided with personalized attention.


FAPE offers credit and financial services principally to women and to individuals below the poverty line, especially those who work in the agriculture, manufacturing, commerce and service industries. It also offers technical assistance and training in business management as a way of supporting the holistic development of the small business entrepreneur in Guatemala. FAPE also offers free medical services to its clients as well as insurance plans that cover debt balances, hospitalization costs and funerary services.

FAPE offers three principal loan products: Individual Loans, Solidarity Groups, and Village Banks, of which village banking is FAPE´s primary loan product, which serves the vast majority of its clients. FAPE operates in 26 towns in three departments around Guatemala City (Villa Nueva, Sacatepéquez, and Chimaltenango).

If you’d like to learn more about FAPE please watch this short video:



Status Update - January 14, 2010

Kiva became aware of FAPE’s high delinquency rate on Kiva a few months ago, when FAPE’s spike in delinquency was due to some problems FAPE had reporting repayments to Kiva. However, after those problems were resolved, FAPE’s delinquency rate on Kiva remained high due to the difficulty some Kiva entrepreneurs have experienced in repaying their loans as a result of the global economic crisis.

However, Kiva does not consider most of these loans to be “at risk” because, though they are delinquent, most are delinquent by less than 30 days. Typically, in microfinance, loans are only considered “at risk” if delinquent for more than 30 days.

Status Update - October 27, 2009

Kiva is aware of the high delinquency rate for FAPE. This has been caused by a reporting error, so the delinquency rate for FAPE is overstated. We are currently working with FAPE staff to resolve the problem. We apologize for the inconvenience.

Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Dec 10, 2007 Oct 12, 2005
Total Loans $1,671,900 $604,062,050
Amount of raised Inactive loans $0 $524,650
Number of raised Inactive loans 0 440
Amount of Paying Back Loans $288,650 $119,195,225
Number of Paying Back Loans 362 128,510
Amount of Ended Loans $1,383,250 $484,342,175
Number of Ended Loans 1,734 612,364
Delinquency Rate 12.91% 4.13%
Amount in Arrears $18,311 $3,197,480
Outstanding Portfolio $141,855 $77,511,205
Number of loanDelinquent 99 13,871
Default Rate 2.16% 1.11%
Amount of Ended Loans Defaulted $29,876 $5,357,808
Amount of Ended Loans $1,383,250 $484,342,175
Number of Ended Loans Defaulted 93 16,820
Currency Exchange Loss Rate 0.00% 0.09%
Amount of Currency Exchange Loss $0 $572,886
Refund Rate 0.18% 0.75%
Amount of Refunded Loans $2,975 $4,553,925
Number of Refunded Loans 3 5,085

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 90.09% 74.22%
Average Loan Size $465 $419
Average Individual Loan Size $865 $656
Average Group Loan Size $754 $1,830
Average number of borrowers per group 2.2 8
Average GDP per capita (PPP) in local country $4,155 $3,423
Average Loan Size / GDP per capita (PPP) 11.20% 12.23%
Average Time to Fund a Loan 4.88 days 5.69 days
Average Dollars Raised Per Day Per Loan $95.38 $73.54
  Average Loan Term 8.83 months 10.4 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 1,316 301,704
  Journaling Rate 70.04% 42.39%
  Average Number of Comments Per Journal 0.05 0.08
  Average Number of Recommendations Per Journal 1.76 1.84

Borrowing Cost Comparison (based on 2012 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 58% PY 31.00% PY 33.16% PY
  Profitability (return on assets) 4.5% 4.5% -1.43%
  Average Loan Size (% of per capita income) 7.50% 18.00% 40.41%

Country Fast Facts

Field Partner Staff

Luis Gilberto Canton Merida
Gloria Corona
Rebeca Garcia
Marco Antonio Hernandez
Jose Luis Hernandez Alvarado
Roel Alfonso Hernández Bail
Mabilia Joj Ojer
Manuel Garcia Marroquin
ceili salvatierra