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Santiago
Santiago is a 49 year old single man who has 4 children. He currently lives with 3 of them in San Antonio Palopó, Sololá.
He works making and selling characteristic local fabrics that tourists demand. He makes the fabrics in the house where he lives and sells them in his town and in the market of Panajachel. He's dedicated to this trade because it is something that has a lot of demand and generates the necessary income to support his family. He's been doing this work for 10 years and additionally works as a day laborer (fieldwork) to complement his family budget.
He requests a loan of Q 4,000.00 to buy materials to make improvements to his home.
Santiago's most important wish is to completely improve his house to give his family a good quality of life.
View original language description ↓
Santiago es un señor de 49 años de edad, soltero, tiene cuatro hijos; actualmente vive junto a tres de ellos en San Antonio Palopó, Sololá
El se dedica a la elaboración y venta de telas típicas que los turistas demandan. La elaboración de las telas lo realiza en la casa donde vive. La venta de este producto la lleva a cabo en su pueblo y también lo vende en el mercado de Panajachel. Esta actividad la realiza porque es algo que tiene mucha demanda y le genera los ingresos necesarios para aportar al sostenimiento de su familia.
Tiene más de 10 años realizando esta labor; además de esta actividad el también se dedica a realizar oficios de jornalero (trabajo de campo), con lo cual complementa su presupuesto familiar
El solicita un préstamo de Q 4,000.00 para compra de materiales para realizarle mejoras a su vivienda
Santiago tiene como unos de sus anhelos más importantes mejorar completamente su casa para proporcionarle una buena calidad de vida a su familia.

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.

About Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

Tags

About Guatemala

  • $5,300
    Average annual income
  • 96
    View loans »
    Guatemala Loans Fundraising
  • $9,667,175
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Santiago to buy materials to improve his home.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 2, 2014
Listed
Jan 26, 2014
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014