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Pachocol Group
In this Group: Diego , Isabela , Teresa , Miguel , Lucia , Lorenzo
Diego, 45, is married and lives in Sololá. (He's the first person on the right in the photograph, wearing a purple t-shirt.) He has six children. Four of them are women, two of whom help Diego work in the field, contributing to the development of the family.

He makes a living growing and maintaining bananas and tomatoes on a plot of land one kilometer from his house. He learned this job from his father and this is how he supports his family, because it's one of the most common jobs in the community.

He has 15 years of experience working independently on his family's land and selling his products in the local market. He make a good living and wants to invest more to expand his business.

He's a leader in the community, organizing a group of people for whom he's requesting a loan to expand the crop by buying fertilizer and banana plants for the next planting, and to pay the workers to prepare the plots of land.

He hopes that in the future he can buy another plot of land to expand his crops and get more profit to continue supporting his children in their academic studies and to improve the family economy more all the time.

The other members of this group do the same job, growing and maintaining bananas and coffee, which are one of the main job-generating activities in the region.
View original language description ↓
Diego (la primera persona en la fotografía con playera de color morado de derecha a izquierda) un hombre de 45 años de edad el está casada y vive en Sololá. Tiene seis hijos de ellos cuatro mujeres la cual dos de ellas apoyan a don Diego a trabajar en el campo de la agricultura aportando al desarrollo familiar.

El se dedica al cultivo y mantenimiento de banano y tomate en una parcela que tiene a un kilómetro de su vivienda. Aprendió este trabajo junto a su padre de este modo fue como apoyaba la economía de su familia por que este trabajo es lo que más se realiza en la comunidad.

El decide realizar su propio cultivo en parcelas de la familia ahora cuenta con 15 años de experiencia trabajando independientemente vendiendo sus productos en el mercado local el ve que sus ganancias son buenas y quiere invertir más capital ampliando su cultivo.

Es una persona líder en su comunidad la cual organizo un grupo de personas para solicitar un préstamo que utilizaran en la ampliación su cultivo comprando fertilizante, plantas de banano para próxima siembra y el pago a trabajadores que preparan la tierra en las parcelas.

Sueña que en un futuro pueda comprar otra parcela para ampliar sus cultivos para obtener más ganancias y mejorar cada vez más la economía familiar. Los demás integrantes de este grupo se dedican a esta misma actividad como es el cultivo y mantenimiento de banano siendo el cultivo que más se trabaja en la zona generando empleos para más personas.

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.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Guatemala

  • $5,300
    Average annual income
  • 93
    View loans »
    Guatemala Loans Fundraising
  • $9,667,175
    Funds lent in using Kiva
  • 7.9
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Pachocol Group's $2,025 loan helped a member to grow bananas.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jan 31, 2013
Listed
Feb 25, 2013
Currency Exchange Loss:
Covered
Ended:
Apr 17, 2014