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Juan José
Juan José, 21, is a young single man living with his family in the Hamlet of Monte Mercedes, Solalá Municipality and Department. He’s a young man who very much wants to succeed in life and to do so is very enterprising.

He carries out a variety of activities. He buys and sells vegetables, something he does in the capital city of Guatemala. His second activity is transporting products from Sololá to the capital city and to do so has a truck. He does these activities because in the first place they are honest and legal and also because they are activities that generate good income to cover family expenses. A third job he has is vehicle repairs (auto mechanics) in his free time.

He’s asking for an 8,000 quetzal loan to buy tires and other spare parts his truck needs. He dreams with buying a bigger truck and also to buy a piece of land.
View original language description ↓
Juan José es un joven de 21 años de edad, soltero; vive junto a su familia en Caserío Monte Mercedes, municipio de Sololá, departamento de Sololá.
El es un joven que quiere triunfar en la vida y para ello es muy emprendedor y se dedica a varias actividades las cuales son: compraventa de verduras, esto lo realiza en la ciudad capital de Guatemala, una segunda actividad es el servicio de trasporte de productos de Sololá hacia la ciudad capital. Para esta actividad cuenta con un camión. Estas actividades las realiza porque primeramente son actividades honestas y legales y además son actividades que le generan buenos ingresos para cubrir los gastos de su familia.
Una tercera labor que realiza en su tiempo libre es la reparación de vehículos (mecánica).
El solicita un préstamo de Q 8,000.00 para compra de llantas y otros repuestos que su camión necesitan.
Sueña con comprar un camión más grande y también comprar un lote de terreno.

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
  • 86
    View loans »
    Guatemala Loans Fundraising
  • $9,093,100
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Juan José to buy tires and other spare parts for his truck.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 11, 2013
Listed
Jun 20, 2013
Currency Exchange Loss:
Covered
Ended:
Jul 17, 2014