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Juan José
Juan is a twenty-year-old young man living in Sololá.

He works selling ice cream and does so every day. He got started in this business when he was eight years old at his father's side. That is how he gradually gained experience in this sort of business, and currently he has his own ice cream cart. His earnings allow him to contribute to his family's income.

He is requesting a GTQ 2,500 loan to buy ingredients to make ice cream.

His dream is to expand his business so that he can offer his customers different kinds of ice cream and get ahead.
View original language description ↓
Juan es joven de 20 años quien vive en Sololá.
El se dedica a la venta de helados y lo realiza todos los días. Inicio esta labor desde los 8 años junto a su padre, es así como fue ganando experiencia en este tipo de actividad ya que actualmente cuenta con una carreta propia de helados. Atreves de las ganancias aporta a la economía familiar.
El esta solicitando un préstamo de Q 2,500.00 para la compra de materia prima para la elaboración de helados.
Su sueño es ampliar su negocio para ofrecerle a sus clientes diferentes tipos de helados y así salir adelante.

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
  • 79
    View loans »
    Guatemala Loans Fundraising
  • $9,093,100
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Juan José to purchase ingredients for making ice cream.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 30, 2013
Listed
May 6, 2013
Currency Exchange Loss:
Covered
Ended:
Jan 28, 2014