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María
Maria is a 21 year old single woman. She lives in Caserío Monte Mercedes, canton of Sacsiguan, town of Sololá, department of Sololá. She is engaged in making and selling clothing, specifically traditional costumes worn by the people in her community. She makes the clothing in her home. She sells this product to her neighbors and also sells it at the Sololá market. She is engaged in this activity because there is a high demand and the business generates the income she needs to support her family.

She has been engaged in this work for five years. In addition to this activity, she is engaged in selling vegetables in Santa Lucía Cotzumalguapa, department of Escuintla (in the southern coast of Guatamala). She is requesting a loan of $900.00 to purchase thread to make more traditional costumes. Her dream is to expand her fruit sales by acquiring another point-of-sale and, in this way, increase her sales and profits.
View original language description ↓
María es una mujer de 21 años de edad, soltera, actualmente vive en el Caserío Monte Mercedes, Cantón Sacsiguan, municipio de Sololá, departamento de Sololá
Ella se dedica a la elaboración y venta de ropa y específicamente de trajes típicos que la gente de su comunidad usa. La elaboración de la ropa lo realiza en la casa donde vive. La venta de este producto la lleva a cabo con sus vecinos y también lo vende en el mercado de Sololá. Esta actividad la realiza porque es algo que tiene mucha demanda y le genera los ingresos necesarios para aportar al sostenimiento de su familia.
Lleva 5 años realizando esta labor; además de esta actividad ella también se dedica a la venta de verduras en Santa Lucía Cotzumalguapa, departamento de Escuintla (costa sur de Guatemala).
Ella solicita un préstamo de Q 7,000.00 para compra de hilo para la elaboración de mas trajes típicos.
Sueña con ampliar la venta de verduras a través de la adquisición de otro punto de venta y con ello incrementar sus ventas y ganancias

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
  • 85
    View loans »
    Guatemala Loans Fundraising
  • $9,647,375
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped María to purchase thread to make more traditional costumes.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 5, 2013
Listed
Jun 20, 2013
Currency Exchange Loss:
Covered
Ended:
Dec 17, 2014