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Paraiso Group
In this Group: Antonio , Pascual, Catarina, Miguel, Tomasa
Antonio is 50 years old. He appears in the photo as the last person on the right, wearing a white colored shirt. He has two children, the first is 17 and is in his 5th year of high school. The other is twelve and in Grade 6 in Primary school.

Antonio makes his money selling bananas that he grows. He does this in the community where he lives as buyers come from all over and this allows him to sell at better prices. He started to help his parents when he was 5 years old so he learned how to sell.

The loan that Antonio is requesting is to buy inputs to care for his banana plants. In the future he wants to build two houses for his children. He joined his communal bank when he saw that you got more benefits when you were organized.
View original language description ↓
Antonio tiene 50 años de edad, (es el que aparece de último de izquierda a derecha, viste playera de color blanco), tiene dos hijos, el primero tiene 17 años de edad está en quinto magisterio y el otro tiene 12 años de edad y está en sexto grado primaria, obtiene sus ingresos en la venta de banano de su propio cultivo, lo realiza en la comunidad donde vive porque llegan compradores de muchos lugares y ve esta oportunidad de vender sus productos a un mejor precio, se involucró a ayudar a sus padres cuando tenía 5 años de edad y aprendió como vender, Antonio solicita un préstamo para comprar insumos para el mantenimiento de banano, en el fututo él quiere construir dos casas para sus hijos, se integró al grupo porque ve que cuando estan organizados se obtiene más beneficio.

Additional Information

More information about this loan


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.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

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About Guatemala

  • $4,155
    Average annual income
  • 95
    View loans »
    Guatemala Loans Fundraising
  • $9,105,075
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Paraiso Group's $3,425 loan helped a member to maintain his banana crops.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Mar 18, 2014
Listed
Apr 24, 2014
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2015