Last updated June 4, 2012

Partner Description:

ADICLA (Association for the Holistic Development of the Basin of Lake Atitlán) is a nonprofit rural community development association that provides small loans and services to improve quality of life in Sololá and Suchitepequez, two of the poorest regions of Guatemala and home to an indigenous majority. ADICLA was founded in 1993 by community leaders from the municipalities around the northern basin of Lake Atitlán in Sololá, Guatemala.

As a community organization, ADICLA’s staff includes many members of the Lake Atitlán community, and its board is entirely comprised of actual clients. This keeps loan services nimble and responsive to client needs.

ADICLA’s loan program is called the Community Finance Program (PROFINCO is its acronym in Spanish). PROFINCO disburses and collects on small loans through three different lending methodologies: individual loans, solidarity group loans, and loans for larger groups of women. As part of a strategy to offer a diversified range of services, PROFINCO also provides the following services through a partnership with a local bank: check cashing, remittance payments, receipt of bank deposits, and phone and electric bill payments.

ADICLA also seeks to diversify its loan product offerings. With the help of Kiva’s 0% interest capital, it is launching several pilot programs. In particular, Kiva lenders will help fund three lending initiatives:

Loans for youth entrepreneurs
: These loans allow young people without prior credit histories to borrow in groups, an opportunity that isn’t offered by many other microfinance institutions. The loans will be used to help them start small businesses.

Green loans
: These loans will fund a number of environmentally friendly initiatives, such as the purchase and installation of solar panels, green community tourism projects, and reforestation, among other initiatives.

Down-market loans:
These are smaller loans tailored to poorer borrowers. ADICLA plans to focus more on poverty alleviation by expanding a women’s village banking product and tracking borrower poverty indicators.


To be the association that drives the holistic development of the department of Sololá by facilitating economic, social and environmental technical services, and assisting in community organizing processes to strengthen local economies with inclusion and equality, articulated in spaces and through participatory movements in favor of improving the living conditions of the target population and based on ethical principles and values. --
Provided by ADICLA

Kiva HelpRepayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Aug 29, 2012 Oct 12, 2005
Total Loans $401,500 $535,272,925
Amount of Raised Inactive Loans $0 $231,500
Number Of Raised Inactive Loans 0 230
Amount of Paying Back Loans $317,600 $115,952,475
Number Of Paying Back Loans 278 121,581
Amount of Ended Loans $83,900 $419,088,950
Number Of Ended Loans 110 538,794
Delinquency Rate 0.45% 3.69%
Amount In Arrears $1,207 $2,866,312
Outstanding Portfolio $267,232 $77,652,360
Number of Loans Delinquent 9 16,008
Default Rate 0.00% 1.04%
Amount of Ended Loans Defaulted $0 $4,349,827
Amount of Ended Loans $83,900 $419,088,950
Number Of Ended Loans Defaulted 0 14,108
Currency Exchange Loss Rate 0.00% 0.05%
Amount of Currency Exchange Loss $0 $293,076
Refund Rate 0.00% 0.82%
Amount of Refunded Loans $0 $4,415,650
Number Of Refunded Loans 0 4,862

Kiva HelpLoan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans To Women Entrepreneurs 40.63% 74.09%
Average Loan Size $590 $417
Average Individual Loan Size $666 $655
Average Group Loan Size $3,135 $1,810
Average Number Of Entrepreneurs Per Group 6.1 8
Average GDP Per Capita (PPP) in Local Country $4,155 $3,464
Average Loan Size / GDP Per Capita (PPP) 14.19% 12.04%
Average Time To Fund A Loan 3.89 days 5.27 days
Average Dollars Raised Per Day Per Loan $151.47 $79.18
  Average Loan Term 12.97 months 10.04 months

Kiva HelpJournaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 10 268,315
  Journaling Rate 8.18% 42.16%
  Average Number Of Comments Per Journal 0.00 0.09
  Average Number Of Recommendations Per Journal 0.00 2.07

Kiva HelpBorrowing Cost Comparison (based on 2011 data)

    This Field Partner Median for MFI Peers in Country All Kiva Partners
  Portfolio Yield 6.70% 19.90% 34.93%
  Profitability (Return on Assets) 2.8% 2.8% -1.11%
  Average Loan Size (% of Per Capita Income) 36.20% 17.60% 42.70%

Kiva HelpCountry Fast Facts

Field Partner Staff

Juan Dagoberto Chiroy Cuá
Francisco Chiyal
Juan Carlos Cuxulic
Josué Gonzalez
Julio Eduardo Guarcax Antonio
Gareth Leonard
Mirna Miranda
Juan Raul Par Cuc
Ingrid Jeaneth Paz Joj
Allan Sarmiento
Allan Adolfo Tuiz Socop
Diana Ventura