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Juan Victor

Update on Juan Victor

Sr. Juan Victor is 28 years old and single. He finished his education at a diversified school. Juan Victor is a craftsman who produces traditional woven skirts. He started out working with his relatives and now has five years of experience. Juan Victor has the support of his family.


He is requesting a loan in order to buy thread and elastics of different colors so that he can increase his production of woven goods. Juan Victor hopes to improve his business by acquiring several looms and employees. This will allow him to give others the opportunity to succeed.

View original language description ↓
El señor Juan Victor esta soltero, tiene 28 años de edad, cursó los grados de educación diversificada, se dedica a la artesanía, es tejedor de cortes típicos, inicio este trabajo siendo trabajador con sus familiares y actualmente lleva 5 años de experiencia, cuenta con el apoyo de su familia.

Solicita un préstamo, lo utilizara para la compra de hilos y tramos de diferentes colores para aumentar su producción de tejidos, espera mejorar su negocio y tener varios telares y trabajadores para su negocio, dando así la oportunidad a otros a superarse.

Previous Loan Details

Juan Victor is single, 27 years old, completed the Diversified Secondary Cycle of high school, and is dedicated to the craft of typical weavings, beginning as an operator and now has 3 years of experience. He is asking for a loan to be used to buy thread of different colors and thus improve hi... More from Juan Victor's previous loan »

Additional Information

About Asociación ASDIR

ASDIR (Asociación de Desarrollo Integral Rural - Association for the Development of Rural Communities) is a community-based organization that works to promote development in the villages and communities where it serves. It was founded in 1999 in the village of Nimasac, Totonicapán Department, by a handful of local men and women to support community projects and group loans. Today ASDIR has 5 offices across 3 departments (Totonicapán, Sololá and Suchitepéquez) serving more than 6,000 clients, most of them in rural communities.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Guatemala

  • $5,300
    Average annual income
  • 88
    View loans »
    Guatemala Loans Fundraising
  • $9,860,025
    Funds lent in using Kiva
  • 7.9
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Juan Victor to buy thread and elastics of different colors.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 22, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013