Check out some available loans that are similar to this one!
Manuel
Manuel is 53 and lives in the town of Nahualá in the department of Sololá. He is unmarried and has made a living buying and selling bananas in his community for 20 years. Manuel needs a loan of 4,500 quetzals to buy bananas and then resell them. He says that the more stock he carries, the more money he is able to earn. Manuel's goal is to gain more customers and sell his product in larger quantities.
View original language description ↓
Manuel tiene 53 años de edad, vive en el municipio de Nahualá, departamento de Sololá, es soltero, se dedica a comprar y a vender banano, actividad que lo realiza en la comunidad donde vive y lo hace desde hace 20 años. Manuel necesita un crédito por un monto de Q. 4,500.00 para comprar banano y luego venderlos, el comenta que entre más mercadería tiene más es la ganancia que le deja, la meta de Manuel conseguir más compradores y vender en cantidades grandes.

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
  • 75
    View loans »
    Guatemala Loans Fundraising
  • $8,362,600
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $600 helped Manuel to buy and sell bananas.
66% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 17, 2014
Listed
Jun 10, 2014
Currency Exchange Loss:
Possible