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Víctor
In Chichicastenango three boys, ages 8, 10, and 12, are running to school and telling their friends that their father, Victor, age 29, has been selling shoes for the whole family for eight years. Meanwhile, there are two girls, ages 3 and 6, left at home. Victor’s daughters accompany their father in the business.

An idea crosses Victor’s mind to have his own place, which will provide his business with security. This would also enable better attention to his customers, one of the best ways to offer quality service.

Immediately, the need to request a loan arises. It is the determining factor in order to expand his business. The result will be improving the support of his family.
View original language description ↓
En Chichicastenango, tres niños varones de 8,10 y 12 años van corriendo hacia la escuela y contando a sus amiguitos de que su papá, don Víctor, de 29 años es vendedor de calzados para toda la familia desde hace 8 años.

Mientras en casa se quedan dos niñas de 3 y 6 años, hijas de don Víctor acompañando a su padre en el negocio.

Mientras en la mente de don Víctor se cruza la idea de tener un local propio que le dé seguridad a su negocio y una atención mejorada para sus clientes como una de las mejores maneras de ofrecer una calidad de servicio. Inmediatamente surge la necesidad de solicitar algún préstamo, factor único para la ampliación de su negocio.

Y como resultado mejorar el sustento de la 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.

Tags

About Guatemala

  • $4,155
    Average annual income
  • 74
    View loans »
    Guatemala Loans Fundraising
  • $8,374,425
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $1,050 helped Víctor to expand his business.
26% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 16, 2014
Listed
Jul 30, 2014
Currency Exchange Loss:
Possible