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Francisco
Francisco is a 40-year-old gentleman who is married and manufactures casual clothing. He lives in Quiche with his wife and seven children, six sons and one daughter. His oldest child is a 15-year-old student who helps him with making clothes after returning from classes at a school in their community.


Francisco has a small casual clothing workshop in his home where he makes T-shirts, camisoles, blouses, sweaters, and other garments and then delivers the goods to wholesalers located in two of the district in Sololá. He learned this trade from his father when he was nine years old. Much later he saw that he could have a good productive business. By offering affordable prices, he is able to generate good earnings to support his wife and children.


The year-end season is approaching and the demand for the products he sells increases during this time. He needs to invest more capital, so Francisco is requesting a loan of 9,000 GTQ so that he can buy rolls of fabric for making T-shirts and fulfilling all of the orders he has received. With the earnings he generates from his business, Francisco wants to open a shoe store in the future and improve his income so that he and his family can prosper.

View original language description ↓
Francisco un hombre de 40 años de edad casado fabricante de ropa casual. El vive en Quiche con su esposa y sus 7 hijos de los cuales 6 hombres y 1 mujer de los cuales el mayor tiene 15 años estudiante quien lo ayuda en la fabricación de ropa después de recibir sus clases en una escuela de su comunidad.
Tiene una pequeña fábrica de ropa casual en su residencia donde elaboran playeras, camisolas, blusas, suéteres y más, y los entrega a sus acreedores en dos municipios de Sololá.
El aprendió este trabajo junto a su padre cuando apenas tenia 9 años de edad. Años después vio que es una buena actividad productiva que tiene precios aceptables dejando buena ganancia así poder mantener a su esposa y sus hijos.
En la temporada de los últimos meses del año ve que la demanda de venta aumenta de esta manera ve que necesita invertir mas capital en efectivo por medio de un crédito de Q 9,000.00 comprando rollos de tela para fabricar playeras y entregar todos los pedidos recibe.
Con sus ganancias que el obtenga de este negocio el quiere en un futuro tener una tienda de zapatos y mejorar sus ingresos prosperándose junto a su familia.

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
  • 81
    View loans »
    Guatemala Loans Fundraising
  • $9,450,900
    Funds lent in using Kiva
  • 8.0
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Francisco to purchase rolls of fabric for making T-shirts.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 9, 2012
Listed
Oct 13, 2012
Currency Exchange Loss:
Covered
Ended:
May 18, 2014