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Pedro
Pedro, 29, is a married man father of four children: three girls and one boy. They live in Sololá. He works in agriculture and has been in this line of work for 15 years. He chose this activity because he likes it and it’s where he earns most of his income. He’s able to cover family expenses with what he earns.

He’s asking for a 5,000 Quetzal loan to buy seeds and organic fertilizer to grow potatoes. He dreams with building his house to provide a better quality of life for his family.
View original language description ↓
Pedro es un señor casado de 29 años quien tiene 4 hijos 3 mujeres y 1 hombre, quienes viven en Sololá.
El se dedica a la agricultura y lleva 15 años en esta labor. Eligio está actividad porque le gusta y es donde obtiene la mayor parte de sus ingresos, con lo que gana cubre los gastos del sustento familiar.
El esta solicitando un préstamo de Q 5,000.00 para la compra de semilla y fertilizante orgánico para cultivo de papa.
Sueña con construir su casa para darle una mejor calidad de vida a su 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

  • $4,155
    Average annual income
  • 60
    View loans »
    Guatemala Loans Fundraising
  • $9,070,500
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Pedro to buy seeds and organic fertilizer to grow potatoes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 17, 2013
Listed
May 28, 2013
Currency Exchange Loss:
Covered
Ended:
Dec 19, 2013