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Lázaro
Don Lázaro is a 26-year-old gentleman who earns his living as a weaver. He is married and lives in Sololá with his wife and three children, two daughters (ages 5 and 3) and a six-month-old son.


Since he weaves for a living, Lázaro has two looms in his home that he uses to make traditional fabrics called “chalinas”. These are sold in different places and departments within the country. Lázaro and his wife work together and this trade is the primary source of income for their family. He learned this line of work from his grandparents. Lázaro received a basic school education and later decided to start his own business so that he could earn a good income. His business was started five years ago and now he has done very well.


He is need of more raw materials, but he does not have capital on hand. For this reason, Lázaro is requesting a loan of 4,000 GTQ to buy wool thread so that he can produce more woven fabrics. He and his wife dream of continuing to build up more capital in their business, acquiring more looms, and producing more traditional fabrics. They also want to provide their daughters with a better education.

View original language description ↓
Don Lázaro es un hombre tejedor de 26 años de edad, casado la cual vive en Sololá con su esposa y sus tres hijos, dos mujeres de 5 y 3 años de edad y un varón de 6 meses de nacido.
El se dedica al tejido artesanal en su residencia la cual cuenta con dos telares donde coloca el hilo para elaborar telas típicas llamadas (CHALINAS) para venderlas en diferentes lugares y departamentos, trabajando conjuntamente con su esposa ya que es la primer fuente de ingresos económicos para su familia.
El aprendió este trabajo con sus abuelos desde que el estudiaba el nivel básico en la escuela y luego el decidió realizar su propio negocio viendo que las ganancias son buenas.
El empezó a realizar su propio negocio desde hace 5 años, ahora el ve que le va bien y necesita mas materia prima pero no cuenta con el capital en efectivo así que el solicita un préstamo de Q 4,000.00 para comprar hilo tipo lana que utilizara para realizar mas tejidos.
Entre el y su esposa sueñan con seguir capitalizando su negocio y tener mas telares y sacar mas producción de telas típicas así también darle los mejores estudios académicos a sus hijas.

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

  • $4,155
    Average annual income
  • 71
    View loans »
    Guatemala Loans Fundraising
  • $9,387,125
    Funds lent in using Kiva
  • 8.0
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Lázaro to buy wool thread for making traditional woven fabrics.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 5, 2012
Listed
Oct 11, 2012
Currency Exchange Loss:
Covered
Ended:
Nov 17, 2013