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Edgar Yovany
Edgar is a 22-year-old, single man living in the San Antonio neighborhood in Sololá with his parents. He currently works providing goods transportation services from Sololá to other points within the department. He earns acceptable income this way that allows him to contribute to his family’s economy. He’s been doing this work for five years having learned from his father who did the same thing. As time has passed, he’s bought his own vehicle to carry out this work. He’s asking for a 10,000 Quetzal loan to add to what he has to buy a vehicle in better condition to provide better quality service to his customers and to the general population. His dream is to build a house of his own to live in.
View original language description ↓
Edgar es un joven de 22 años de edad, es soltero y vive en el Barrio San Antonio, Sololá junto a sus padres. El actualmente trabaja en la prestación del servicio de transporte de productos de Sololá hacia distintos puntos del mismo departamento, con ello genera ingresos aceptables que le ayudan a aportar a la economía de su familia. El tiene 5 años de estar realizando esta actividad, la cual la aprendió de su padre quien se dedicaba a lo mismo. Con el paso del tiempo el ha comprado su propio vehículo para llevar a cabo este trabajo; El solicita un préstamo de Q, 10,000.00 como complemento para la compra de un vehículo en mejores condiciones para prestar un servicio de mayor calidad a sus clientes y a la población en general. Su sueño es construir una casa propia para vivir.

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
  • 72
    View loans »
    Guatemala Loans Fundraising
  • $9,387,125
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,300 helped Edgar Yovany to buy a vehicle in better condition.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 8, 2013
Listed
Apr 8, 2013
Currency Exchange Loss:
Covered
Ended:
Nov 17, 2014