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Juan Carlos
Juan Carlos is a 29-year old married man. He currently has 2 sons who live in Sololá. He has made his living buying and selling cell phones and repairing them for 8 years. He currently has a store where he lives.

He chose this activity because it generates sufficient income to cover his family's expenses. He is applying for a loan of Q 7,000.00 for working capital for the purchase and sale of cell phones and replacement parts.

He dreams about improving his store and increasing his merchandise to be at the vanguard of technology and thus offer his customers better service.
View original language description ↓
Juan Carlos es un señor casado de 29 años, actualmente tiene 2 hijos hombres quienes viven en Sololá.
El se dedica a la compraventa y reparación de celulares desde hace 8 años. Actualmente cuenta con un local en donde vive. Eligió esta actividad ya que le genera ingresos aceptables para cubrir los gastos de su familia.
El esta solicitando un préstamo de Q 7,000.00 para capital de trabajo para compraventa de celulares y repuestos.
Sueña con mejorar su local e incrementar su mercancía para estar a la vanguardia de la tecnología y así ofrecerles un mejor servicio a sus clientes.

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
  • 61
    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 $900 helped Juan Carlos to buy and sell cell phones and replacement parts.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 7, 2013
Listed
May 27, 2013
Currency Exchange Loss:
Covered
Ended:
Dec 17, 2014