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Santos Martín
Santos is 21 years old and single. He lives with his father and brothers in Caserío Cipresales, Cantón Xajaxac, Sololá, Sololá. His parents farm and his brothers attend school.

He sells natural health products and chose this activity because he had the chance to offer his products in different areas and help people with their physical condition.

He has been doing this for six months and thanks to God things have gone well for him with his income so he can provide for his family. He is asking for a loan of Q 7,000 to buy more natural products so he can offer his customers a large variety, increase his income, and continue supporting his family.

His dream is to increase his income so he can hire young men to get involved in this type of business and improve the quality of life for others.
View original language description ↓
Santos es un hombre soltero de 21 años de edad. Vive junto a sus padres y hermanos en Caserío Cipresales, Cantón Xajaxac, Sololá, Sololá. Sus padres se dedican a la agricultura y sus hermanos aun se encuentran estudiando.
El se dedica a la comercialización de productos naturales que contribuyen a la salud de las personas. Eligio esta actividad porque tiene la oportunidad de ofrecer su producto en diferentes partes y así ayudar a las personas a que mejoren su condición física.
Tiene 6 meses de desenvolverse en este trabajo que gracias a Dios le ha ido bien en sus ingresos y ganancias es como de esta manera el puede ayudar en los gastos de su familia.
El está solicitando un préstamo de Q 7,000.00 para comprar más productos naturales para ofrecerles a sus clientes una gran variedad y de esta manera mejorar las ganancias para poder seguir apoyando a su familia.
Su sueño es incrementar sus ganancias para poder contratar a jóvenes para que se involucren en este tipo de negocio y así mejorar la calidad de vida de las personas.

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
  • 96
    View loans »
    Guatemala Loans Fundraising
  • $9,658,675
    Funds lent in using Kiva
  • 8.0
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Santos Martín to buy inventory.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 22, 2013
Listed
Sep 2, 2013
Currency Exchange Loss:
Covered
Ended:
Sep 17, 2014