Santos Lacan Say


Status: Paying Back

$675.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Santos Lacan Say
Location: Totonicapan, Guatemala
Activity: Crafts

About the Loan

Loan Amount: $675.00
Loan Use: Buy raw material to make typical skirts
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Nov 3, 2009
Date Disbursed: Oct 20, 2009
Date Funded:Nov 3, 2009

About the Country

Country:Guatemala
Avg Annual Income:$4,155.00
Currency:Guatemala Quetzales (GTQ)
Exchange Rate:8.2850 GTQ = 1 USD



Santos Lacan is 36 and married. She is a weaver, and she makes typical skirts. She lives with her husband. She and her husband do the same work, and they have a shop. They have been weaving for some time. Their home is located in the Paraje Chorajche in the Cantón Pasajoc, Totonicapán department, Guatemala.

Current customer demand is growing, but the economic condition in which she finds herself is not sufficient to increase her capital. That is why she came to the ASDIR Association to ask for a loan. She will buy raw material to be able to increase her sales. She is also hoping to get her family ahead and to have better living conditions.



Translated from Spanish by Ginny Kalish, Kiva Volunteer


Doña Santos Lacan tiene 36 años de edad, es casada de oficios Artesana, “Elaboración de cortes típicos”, habita junto con su esposo, ella y su esposo se dedican al mismo oficio cuentan con un Taller, llevan tiempo ya de Tejer su residencia que se encuentra en el Caserío Chotacaj de la Aldea Vásquez, del departamento de Totonicapán, Guatemala, actualmente la demanda de su clientela a crecido, pero las condiciones económicas en que se encuentra no son suficientes para que el pueda aumentar su capital, por tal razón acudió a la Asociación ASDIR, a solicitar un préstamo, con la intención de comprar materia prima y de esa manera poder aumentar sus ventas, esperando también poder sacar adelante a su familia, y que tengan mejores condiciones de vida.


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Journal entries for Santos Lacan Say


Loan has been disbursed
 
Entrepreneur: Santos Lacan Say
Location: Totonicapan, Guatemala

Thank you for your loan. It has been disbursed to Santos Lacan Say by Asociación ASDIR in Guatemala. We are excited to watch this business grow. Over the 11 months of this loan, Asociación ASDIR will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Totonicapan, Guatemala
Nov 4, 2009
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Kiva Help Repayment Schedule for Santos Lacan Say

  Expected Repayments Actual Repayments Comments
January 2010 $56.25 Available Jan 1  
February 2010 $56.25 Available Feb 1  
March 2010 $56.25 Available Mar 1  
April 2010 $56.25 Available Apr 1  
May 2010 $56.25 Available May 1  
June 2010 $56.25 Available Jun 1  
July 2010 $56.25 Available Jul 1  
August 2010 $56.25 Available Aug 1  
September 2010 $56.25 Available Sep 1  
October 2010 $56.25 Available Oct 1  
November 2010 $56.25 Available Nov 1  
December 2010 $56.25 Available Dec 1