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Miguel
Miguel is 42 years old, married and has two daughters who are both teachers. He and his family live in the small village of Chuisantotomás, in Santa Catarina Ixtahuacan, Sololá department.

Miguel is a farmer who grows and sells bananas and coffee. He grows these crops on a plot of land which is located in his community. He sells both his bananas and his coffee in the town market in Santo Tomás La Unión, Suchitepéquez. Miguel works in this business because the prices are good and he makes a decent income with which to support his family. He has been in this business for 22 years.

Miguel is requesting a loan for 8,000 quetzals to buy fertilizer and to pay workers to maintain his coffee and banana crops. His biggest dream is to buy more land and sow more bananas and coffee so that he can make more profits.
View original language description ↓
Miguel es una persona de 42 años de edad, unido, tiene 2 hijas, ambas maestras de educación, el y su familia viven en la Aldea Chuisantotomás, municipio de Santa Catarina Ixtahuacan, departamento de Sololá.
El es agricultor, se dedica al cultivo y venta de banano y café. El cultivo de estos productos lo realiza en su parcela ubicada en la comunidad donde vive. La venta tanto del banano como del café lo realiza en el mercado municipal de Santo Tomás La Unión, Suchitepéquez. Don Miguel se dedica a esta actividad debido a que los precios son buenos, lo que le genera aceptables ingresos para el sostenimiento de su familia. Tiene 22 años de estar realizando esta actividad.
El está solicitando un préstamo de Q 8,000.00 para compra de fertilizante y pago de mano de obra para el mantenimiento del cultivo de café y banano.
Su sueño más importante es comprar más terreno y sembrar más banano y café para obtener mayores ganancias.

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
  • 67
    View loans »
    Guatemala Loans Fundraising
  • $8,342,350
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Miguel to buy fertilizer and to pay workers to maintain his coffee and banana crops.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 15, 2013
Listed
Jun 14, 2013
Currency Exchange Loss:
Covered
Ended:
Jul 17, 2014