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Manuel
Manuel is 38 years old and lives with his four children in the municipality of Nahualá, in the department of Sololá. His oldest child is 15 years old and is in the third level of secondary school, the second child is 13 years old and in the first level of secondary school, the third child is 8 years old and is in the 4th grade of primary school, and the youngest is 10 months old. He makes a living selling maxán, a type of leaf that is used for wrapping tamales. He has been doing this for 35 years. He likes to grow maxán because chemicals aren't used in its production and it doesn't damage the environment. He also transports people from town to town in his pick-up. Manuel is requesting a loan from ADICLA for the amount of $925 to buy an acre of land to grow more maxán. In the future Manuel wants to buy another pick-up so that he can keep making journeys.
View original language description ↓
Manuel, es una persona de 38 años de edad, vive con sus cuatro hijos en el municipio de Nahualá, departamento de Sololá, el primero de sus hijos tiene 15 años, estudia tercero básico, el segundo tiene 13 años estudia primero básico, el tercero tiene 8 años está en cuarto primaria, y el último tiene 10 meses, obtiene ingresos por la venta de maxán, se dedica a esta actividad desde hace 35 años, le gusta cultivar maxán por que no utiliza químicos en la producción y no daña el medio ambiente, también traslada personas de un municipio a otro en su pick-up, Manuel solicita un crédito a ADICLA por un monto de Q. 7,000.00 para compra una cuerda de terreno para cultivar más maxán, en el futuro Manuel quiere comprar otro pick-up para seguir haciendo viajes.

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

  • $4,155
    Average annual income
  • 98
    View loans »
    Guatemala Loans Fundraising
  • $9,101,050
    Funds lent in using Kiva
  • 7.7
    Guatemala Quetzales (GTQ) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $925 helped Manuel to buy land.
72% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 19, 2014
Listed
Mar 28, 2014
Currency Exchange Loss:
Possible