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Hernando
Hernando is a businessman who is 46 years old. He is married and lives in Sololá . He has 4 children; two boys who study and help him with the business and two women who help him with household chores. He currently has a grocery store located in a bus station a few meters from his home. He has had this business for 4 years. He noticed that the amount of people that pass through this place would provide good results for his business.

So far sales have improved providing him with good result in profits to support his family. Now, at this time of year he has seen that demands for various products consumed in this season increasing therefore he is requesting a loan of 10,000 Guatemalan Quetzal to buy groceries to expand his business. This way he will have improved profits to continue improving his family’s economic status.

Building a house for his children and providing them with better academic studies is his biggest dream, all this is with the profits from his business.
View original language description ↓
Hernando es un hombre comerciante quien tiene 46 años de edad, el esta casado y vive en Sololá. Tiene 4 hijos de ellos 2 varones que estudian y lo ayudan en el negocio y dos mujeres que ayudan en los oficios domésticos de la casa.
El tiene actualmente una tienda de abarrotes ubicado en una estación de buses a pocos metros de su vivienda, cuenta con cuatro años de realizar esta actividad lo inicio viendo que la demanda de personas que transitan en este lugar le daría buen resultado la apertura de este negocio.
Hasta ahora las ventas han mejorado dejándole buen resultado en sus ganancias para mantener a toda su familia. Ahora en esta temporada del año ha visto que la demanda de ventas de varios productos que se consume en esta temporada aumenta de este modo solicita un presta de Q 10,000.00 para comprar variedad de abarrotes para ampliar su negocio.
De este modo el tendrá mejores ganancias para seguir mejorando la economía de su familia.
Construir una vivienda para sus hijos y d arle mejores estudios académicos es su mayor sueño todo esto es con las ganancias que le deje su negocio.

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
  • 70
    View loans »
    Guatemala Loans Fundraising
  • $9,637,050
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,300 helped Hernando to buy groceries to expand his store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 6, 2012
Listed
Nov 11, 2012
Currency Exchange Loss:
Covered
Ended:
Dec 19, 2013