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Mario Domingo
Mario is a 35-year-old gentleman who manufactures casual clothing. He lives in Sololá and has been able to move forward after separating from his wife and daughter.


Mario produces jeans for men, children, and women. He delivers his goods within two departments of the country. Mario started out working at a clothing factory, but he saw that a good business could generate an acceptable level of income to support himself and his mother. He decided to buy his first sewing machine and fabrics for makings jeans.


Mario started his business two years ago. He now has three machines used for sewing fabric. During this time of the year, Mario needs to deliver a large quantity of jeans to one of his suppliers. Therefore, he needs a loan of 5,000 GTQ in order to buy rolls of canvas fabric for producing a variety of jeans. This will help him generate better earnings.


His greatest wish moving forward is to expand his business by acquiring more machinery and raw materials for expanding his product market to other places.

View original language description ↓
Mario es un hombre de 35 años de edad fabricante de ropa casual y vive en Sololá. El es una persona que a podido salir a delante aun por que tuvo la separación de su esposa y su hija.
El se dedica a la elaboración de jeans para caballeros, niños y damas la cual los entrega en dos departamentos del país. Al inicio trabajo para una fabrica elaborando estas prendas, pero ve que es un buen negocio y que los ingresos son aceptables para poder mantener a su vida junto a su madre, decidió comprar su primera maquina para costura de telas así como su material primario para elaborar jeans
Este negocio lo inicio hace 2 años a tras, siendo así ahora el cuenta con tres maquinas para costura de tela. Ahora por la temporada del año el tiene que entregar una cantidad de jeans a unos proveedores la cual el necesita un préstamo de Q 5,000.00 para la compra de rollos de tela tipo lona y realizar la entrega de jeans variados, para obtener una mejor ganancia.
Su mayor sueño es que más a delante ampliar su negocio con mas maquinaria y material primario para luego expandir mas su producto en otros lugares.

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
  • 69
    View loans »
    Guatemala Loans Fundraising
  • $9,397,125
    Funds lent in using Kiva
  • 8.0
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Mario Domingo to buy canvas fabric for producing jeans.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 5, 2012
Listed
Oct 14, 2012
Currency Exchange Loss:
Covered
Ended:
Dec 19, 2013