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Miguel
Miguel is a farmer; he’s married and lives in Sololá with his wife. He has six children three of which are already married, two work with him and one son is finishing his academic studies as a construction technician.

He works in agriculture planting peas, broccoli and corn at home since these are the ones that have the best market price in his region; he’s been doing this work since the age of 30.

Due to scarce economic resources he had to work and learn agriculture and was unable to attend any local school. Now that he sees his crops doing well, he needs more capital to continue working and growing more.

He’s requesting a Q 5,000.00 loan to buy pea seeds as well as organic fertilizer for the crop. He comments that among his dreams is to continue growing in agriculture and to have a better house for his wife and children.
View original language description ↓
Miguel es un hombre agricultor, casado vive en Sololá con su esposa. Tiene seis hijos tres que ya están casados, dos trabajan con el y un hombre que esta terminando su carrera académica como técnico en construcción,
El se dedica al cultivo agrícola, sembrando alverja, brócoli y maíz en el lugar de su vivienda ya que estos son los que mantienen mejores precios en el mercado de la región, realiza esta actividad desde que el tenia 30 años de edad
Por escaso recurso económico tuvo que trabajar y aprender la agricultura y no poder estudiar en alguna escuela de su comunidad, ahora el ve que sus cultivos están saliendo muy bien, necesita mas capital para seguir trabajando y cultivando más
El solicita un préstamo de Q 5,000.00 para comprar semillas de alverja así también fertilizante orgánico para luego cultivarlo.
Comenta que entre sus sueños es seguir creciendo en la agricultura y tener mejor vivienda para sus hijos y esposa.

Additional Information

About ADICLA

ADICLA (Association for the Holistic Development of the Basin of Lake Atitlán) is nonprofit rural community development association that provides small loans and services to improve quality of life in two of the poorest regions of Guatemala, home to large indigenous populations. Kiva funding will be used to support three innovative credit initiatives: youth business loans, green loans, and smaller loans to help ADICLA move down-market and serve poorer clients.

About Guatemala

  • $5,300
    Average annual income
  • 69
    View loans »
    Guatemala Loans Fundraising
  • $9,620,150
    Funds lent in using Kiva
  • 8.0
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Miguel to buy pea seeds and fertilizer.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 1, 2012
Listed
Oct 9, 2012
Currency Exchange Loss:
Covered
Ended:
Oct 17, 2013