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Maria
María, 23, is a single woman who lives with her parents in the hamlet of Maxanija, in the town of Xejuyup Nahualá, Sololá.

She earns a living making and selling traditional clothing made with different types of thread and worn by women in her community. She learned this job from her sisters, who were responsible for teaching her the process. Now she has several years of experience in this line of work.

She has observed a strong demand for this type of business, so she's requesting a loan for 8,000 quetzales [GTQ] to expand her business buying thread to make the clothes. She wants to improve her earnings and help with the family expenses.

Her dream is to improve her earnings to be able to find more markets at the local, municipal, and departmental levels so she can get ahead with her family.
View original language description ↓
María es una mujer soltera de 23 años de edad, vive junto a sus padres en el Caserío Maxanija, Aldea Xejuyup Nahualá, Sololá.
Ella se dedica a la elaboración y venta de ropa típica que son elaborados con diferentes clases de hilos y son utilizados por las mujeres de su comunidad. Ella aprendió esta labor con sus hermanas ya que ellas se encargaron de enseñarle este proceso. Ahora cuenta con varios años de experiencia en esta actividad.
Ella ha observado que hay una fuerte demanda en este tipo de negocio, por lo que está solicitando un préstamo de Q 8,000.00 para ampliar su negocio comprando hilos que utilizara para elaboración de ropa típica para mejorar sus ganancias y así contribuir con los gastos de su familia.
Su sueño es mejorar sus ganancias para poder buscar más mercados a nivel local, municipal y departamental ya que de esta manera podrá salir adelante con su familia.

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
  • 44
    View loans »
    Guatemala Loans Fundraising
  • $8,580,500
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Maria to buy thread to make traditional clothing.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 5, 2013
Listed
Jul 23, 2013
Currency Exchange Loss:
Covered
Ended:
Jul 17, 2014