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Ignacio
Ignacio, 48, is married and lives with his wife and their two children in the town of Santo Tomas La Unión.

He is a hard-working man who wants to move his family forward. He says that he makes a living by buying and selling banana plants from the local market in his community. He has 23 years experience with this work, which his father taught him since he was a child.

He has now noticed that his business is fairly profitable. For this reason, he's decided to request a loan of 7,000 Q to buy banana plants wholesale to increase his income.

His biggest dream is to earn more income through his business so he can buy land where he can plant his banana trees.
View original language description ↓
Ignacio es un señor casado de 48 años de edad, vive junto a sus dos hijos y esposa en el Municipio de Santo Tomas La Unión.
El es un hombre trabajador que desea sacar adelante a su familia. Comenta que se dedica a la compraventa de banano en el mercado local de su comunidad. Actualmente lleva 23 años en esta labor que su padre le enseño, desde que el era pequeño.
El ahora ha observado que su negocio es bastante rentable, por lo que ha decidido solicitar un préstamo de Q 7,000.00 para la compra de banano por mayor y así incrementar sus ganancias.
Su mayor sueño es generar más ganancias a través de su negocio y así poder comprar un terreno en donde pueda cosechar sus bananos.

Additional Information

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.

Tags

About Guatemala

  • $5,300
    Average annual income
  • 73
    View loans »
    Guatemala Loans Fundraising
  • $9,872,275
    Funds lent in using Kiva
  • 8.0
    Guatemala Quetzales (GTQ) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $900 helped Ignacio to buy wholesale banana pants.
88% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 24, 2013
Listed
Oct 4, 2013
Currency Exchange Loss:
Possible