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Noe Israel
Noé is a young single man. He is 21 years old and lives with his parents in the town of Sololá.

He has currently started a business selling and distributing essential goods. He does business with local stores as well as others located in distant towns. He went into this business because it generates an acceptable income and allows him to contribute to covering his family's expenses and pay for school.

He is requesting a GTQ 4,250 loan to purchase more groceries.

His dream is to pay his way through college, obtain a degree in Agronomy, and start a family.
View original language description ↓
Noé es un joven soltero, de 21, años quien vive junto a sus padres en el municipio de Sololá.
Actualmente ha iniciado un negocio de venta y distribución de productos de consumo diario, esta actividad la realiza en las tiendas locales así como las que se encuentran en comunidades lejanas, realiza este tipo de actividad ya que le genera ingresos aceptables y de esta manera aporta a los gastos familiares y para el sustento de sus estudios.
El esta solicitando un préstamo de Q 4,250.00 para la compra de más abarrotes.
Su sueño es finalizar sus estudios en la universidad y así poder graduarse de Ingeniero Agrónomo y formar una Familia.

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

  • $5,300
    Average annual income
  • 102
    View loans »
    Guatemala Loans Fundraising
  • $9,669,775
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Noe Israel to purchase groceries.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 30, 2013
Listed
May 14, 2013
Currency Exchange Loss:
Covered
Ended:
Dec 19, 2013