Nueva Siembra Chuisajcab Group
He's a hardworking man who strives for his family's well-being. He says he has made a living growing corn a few meters from from his house for 25 years. He chose this type of work because he can feed his family during the year and sell it in the local market. With this job he earns an acceptable income and profits that allow him to cover his family's expenses.
The other members of the group will use the other part of the loan to grow corn so they can increase their earnings and improve their families' living conditions.
The loan will be used to buy organic soil amendments to grow corn.
His dream is to get his children ahead in their studies and improve the family economy.
El es un hombre trabajador que lucha por el bienestar de su familia. Comenta que él se dedica a la siembra de maíz a unos metros de su vivienda desde hace 25 años.
Eligió este tipo de actividad porque puede alimentar a su familia durante un año y lo puede comercializar en el mercado local. A través de esta labor obtiene ingresos y ganancias aceptables que le ayudan a cubrir los gastos de su familia.
Los demás integrantes del grupo utilizaran la otra parte del crédito para la siembra de maíz, con el fin de incrementar sus ganancias para mejorar las condiciones de vida de sus familias. El préstamo será utilizado para la compra de abono orgánico para el cultivo de maíz.
Su sueño es sacar adelante a sus hijos en sus estudios y mejorar la economía de su familia.
More information about this loan
About ADICLAADICLA (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.
This is a Group Loan
In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.
Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.
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Success!! The loan was 100% repaid