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Luis
Luis, 55, is married and lives in Sololá. He has seven children, five men who work with him and two women who do domestic chores. He's a friendly and hardworking man.

He earns a living making traditional garments worn by indigenous women in his region. He and his children help each other to do this job, using for their main tool a loom where they place the thread to make these garments. He started this job 24 years ago. He realized that there were few people who made this type of garment, which gets a good price in the market, so he started to make good profits and improve his family finances.

He's requesting a loan for 6,500 quetzales [GTQ] to buy wool thread to make a large quantity of garments and have better profits.

His dream is to have a plot of land because he wants to build his children a home and give them the support they need in their academic studies.
View original language description ↓
Luis es un hombre de 55 años de edad el esta casado y vive en Sololá. Tiene 7 hijos de ellos 5 hombres que trabajan con el y 2 mujeres que realizan oficios domésticos.
Es un hombre amable y sobre todo trabajador, el se dedica a fabricar prendas de vestir típicos que son utilizados por las mujeres indígenas de su región.
Junto a sus hijos se apoyan para realizar esta actividad usando como principal herramienta llamado (telar) donde coloca el hilo para luego realizar estas prendas. El inicio este trabajo hace 24 años, se dio cuenta que eran pocos los fabricantes de este tipo de prendas y que mantienen precios buenos en el mercado, es así como empezó a obtener buenas ganancias y a mejorar la economía de su familia.
El está solicitando un préstamo de Q 6,500.00 para la compra de hilo tipo lana para fabricar mayor cantidad de prendas y tener mejores ganancias.
Su sueño es tener un terreno ya que quiere construirles una vivienda a sus hijos como también darles el apoyo necesario en los estudios académicos.

Additional Information

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
  • 44
    View loans »
    Guatemala Loans Fundraising
  • $8,572,125
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Luis to buy wool thread to make traditional garments.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 6, 2013
Listed
Jun 13, 2013
Currency Exchange Loss:
Covered
Ended:
Jul 17, 2014