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Hortencia
Hortencia is 43 years old, married, and lives in Sololá. She has five children: three daughters and two sons. Two of her children are attending a school in their community.

Hortencia currently has a grocery store in her home which is a source of income for her family. She says that she started this business eight years ago when she saw the need that her own family and her neighbors had for a grocery store which would give all the members of their community easier access to basic household supplies.

Hortencia has noted that her sales remain steady but, during this season of the year, demand for some of her products increases. This is why she would like to invest more cash in the business. She is requesting a loan for 6,000 quetzales to buy more products and expand her grocery store. This will enable her to provide her customers with a better service and make better profits with which to support her family. One of her dreams is to have another business that will make her better profits so that she can see her two children who are still in school study for a degree. This will be her greatest satisfaction.
View original language description ↓
Doña Hortencia es una señora de 43 años de edad y ella esta casada y vive en Sololá. Ella tiene cinco hijos de ellos tres mujeres y dos varones. Dos de ellos estudian en una escuela de su comunidad.
Ella actualmente tiene una tienda de abarrotes en el lugar de su vivienda, la cual es una fuente ingresos económicos para su familia. Cuenta que inicio esta actividad hace ocho años, viendo la necesidad de su familia y la de sus vecinos de tener una tienda de abarrotes en la comunidad para facilitar el acceso a productos de primera necesidad para toda la gente de su comunidad.
Ella ha visto que las ventas se han mantenido ahora por la temporada del año la demanda en algunos productos aumentan es por eso ella quiere invertir mas capital en efectivo siendo así ella solicita un préstamo de Q 6,000.00 para comprar mas productos y ampliar su tienda de abarrotes de este modo ella puede brindarles un mejor servicio a sus clientes y obtener mejores ganancias para mantener a su familia.
Entre sus sueños ella quiere tener otro negocio que le genere mejores ganancias así ella lograra ver a sus dos hijos que estudian graduarse de una carrera académica profesional que seria su mayor satisfacción.

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
  • 55
    View loans »
    Guatemala Loans Fundraising
  • $9,379,275
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Hortencia to buy groceries to expand her grocery store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 9, 2012
Listed
Nov 17, 2012
Currency Exchange Loss:
Covered
Ended:
Oct 17, 2013