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Clara
Clara is a single young woman aged 23 who lives with her parents in Sololá. She has a grocery store in her home, which she has run for three years. She chose this type of business because she can earn an acceptable income and help out with household expenses.

She is requesting a loan of Q 5,000.00 to expand her business by buying more products, so that she can offer a wider variety to her customers and provide them with a good service. In this way, she will boost her earnings. Her biggest dream is to remodel her grocery store as the current state of it is not optimum.
View original language description ↓
Clara es una señorita soltera de 23 años quien vive junto a sus padres en Sololá.
Ella cuenta con una tienda de abarrotes que se encuentra en un lugar de su vivienda, tiene 3 años de tenerlo, eligió este tipo de negocio ya que obtiene ganancias aceptables y de esta manera contribuye a la economía familiar.
Ella esta solicitando un préstamo de Q 5,000.00 para aumentar su negocio comprando más productos y así ofrecerles variedades a sus clientes, para brindarles un buen servicio y de esta manera obtendrá mejores ganancias.
Su mayor sueño es remodelar su tienda de abarrotes ya que actualmente las condiciones no son buenas.

Additional Information

More information about this loan

ADICLA's youth entrepreneurship loans allow young people without prior credit histories to borrow in groups, an opportunity that is not offered by many other microfinance institutions in Guatemala. The loans will be used to help them start small businesses.

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
  • 62
    View loans »
    Guatemala Loans Fundraising
  • $8,798,275
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Clara to expand her business by buying more products.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 14, 2013
Listed
Apr 8, 2013
Currency Exchange Loss:
Covered
Ended:
Sep 17, 2014