MICROCREDIT

In 2010 I was granted my first credit, which I used to stock up my shop. At the moment, I have been 11 cycles with the Community Bank, I take advantage of all the benefits that FUNDAP provides us and I have attended their training in productive subjects.

AMELIA JUANA BARRIOS DE LÉON, ENTREPRENEUR

WHO WE ARE

We are a FUNDAP program that was established in 1988 with the purpose of directing all resources, efforts, and actions to enhance the productive capacity of owners of micro and small businesses in the southwest of the country, through the provision of quality services in credit, training, and advice, as an alternative development for Guatemala, and with the aim of being a self-sustainable program that allows generating wealth for a better quality of life for the users of the microenterprise.

WHAT WE DO

Our purpose is to provide credit, training, and advice to owners of microenterprises, offering them an opportunity and an alternative for economic and personal growth. To meet diverse financing needs, working capital is provided through 4 lines of credit: Microenterprise, Infrastructure, Agricultural, and Community Banks. Through a team of committed collaborators, microentrepreneurs are supported with working capital. Respect for the beneficiary prevails, who is given a loan to contribute to the growth of the country, not seeking to meet a monetary goal, but one with a social impact.

HOW WE DO IT

Through a work methodology for each line of credit, the process of granting the loans is guided, amounts are defined, interest rate, periodicity of the payments, collection form, and the treatment of beneficiaries, who must receive cordiality from the Foundation, economic tools, and training topics to achieve personal and business development. Through training and advice, it fosters habits among its beneficiaries, including responsibility, punctuality, saving, and community organization.

The supported area has an extension of 34,374 Km2 (13,272 Square miles), which represent 31.57% of the national territory.

Results of 2017

0
PEOPLE

were assisted through the Microcredit Program

0
COLABORATORS

comprise the Microcredit Program team

0
WOMEN

of the Village Banking program started a business or injected capital.

0
BENEFICIARIES

received credit and training in agricultural topics

0
VILLAGE BANKS

opened

0
BENEFICIARIES

received a credit to strengthen their business

0
CONSTRUCTIONS

financed

ACTIONS

Microcredit Program
Microenterprise Loans
Offers accessible and quick loans for men and women who wish to expand their businesses. This program strengthens working capital for the production, marketing and / or rendering of services of microentrepreneurs. It also offers convenient fees and convenient terms.
Infrastructure Loans
Credit for men and women who invest in construction, expansion, or remodeling of housing, or for purchase of land. This is the line of credit that presents the greatest demand in terms of the amount of credit.
Agricultural Loans
This financing is directed to men and women, destined to the production, processing, and commercialization of agricultural products, purchase of machinery or equipment. A group of 7 agricultural technicians, through innovative processes, provide advice and assistance for farmers or small farms owners to strengthen their economic activity.
Village Banking
Focused on groups of women with business vision. It aims to stimulate the creation and/or growth of small businesses. They are given theoretical and practical training on current issues and interest of the group, as well as tools to diversify their economic activity.