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Francisco
Francisco, 48, is married and lives with his four children and spouse in the department of Suchitepequez. He says that he works buying and selling corn in the community's local market. He chose this work because previously he worked planting corn. This is how he became interested in this work, which is quite productive in terms of generating income and profits. He says he also has land where he harvests bananas and maxán plants. He does this to take advantage of the resources that he has. Now he has been in this line of work for 18 years, which is why he has decided to expand his business. He is asking for a loan of Q 6,000 to buy corn and that way, to be able to increase his profits to support his family. He says that one of his dreams is to build a place where he can store his products and to buy a corn mill, to provide better service to his customers, in order to improve his family's quality of life.
View original language description ↓
Francisco es un hombre casado de 48 años de edad, vive junto a sus cuatro hijos y su pareja en el Departamento de Suchitepequez.
Francisco comenta que se dedica a la compraventa de maíz en el mercado local de su comunidad. Decidió obtar por esta labor, porque anteriormente se dedicaba a la siembra de maíz, es como de esta manera fue surgiendo el interés por esta actividad, que es bastante productiva en cuanto a la generación de ingresos y ganancias. Como también comenta que tiene un terreno en donde cosecha banano y maxan, lo realiza con el fin de aprovechar los recursos que tiene.
Ahora lleva diez y ocho años trabajando en esta actividad, por lo que ha tomado la decisión de ampliar su negocio, solicitando un préstamo de Q 6,000.00 para la compra de maíz y así podrá incrementar más sus ganancias para aportar a la economía de su familia.
Cuenta que uno de sus sueños es construir un local en donde pueda colocar su producto y comprar un molino de nixtamal, para ofrecerles un mejor servicio a sus clientes, con el propósito de mejorar la calidad de vida de 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.

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About Guatemala

  • $4,155
    Average annual income
  • 65
    View loans »
    Guatemala Loans Fundraising
  • $8,342,350
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Francisco to buy corn to expand his business.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 7, 2014
Listed
Feb 28, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015