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Rafael is a 25-year-old young man, is single, and lives in Sololá. He is a person who works together with his parents to support each other in order to improve the financial situation of his family. He currently makes a living through selling groceries at a store in the market in his community. He began this work with his father eight years ago when he saw that the profits from this business were good.

Now at this time of year he has seen the demand from the customers increase because there are products that he does not sell but that the customers request for their consumption. In this way he wishes to invest more capital in his business with a loan of 6,000.00 quetzales to buy more groceries and have a variety to be able to offer his customers. His dream is to have another grocery store with his family in order to continue improving their living conditions.
View original language description ↓
Rafael es un joven de 25 años de edad, soltero y vive en Sololá. Una persona que junto a sus padres se apoyan para mejorar la economía de su familia.
El actualmente se dedica al comercio de abarrotes en una tienda en el mercado de su comunidad. Empezó esta actividad junto a su padre hace 8 años cuando viendo que las ganancias de este negocio son buenas.
Ahora en esta temporada del año ha visto que la demanda de los clientes aumenta, por que existen productos que el no vende pero los clientes lo piden para su consumo.
De este modo desea invertir más capital en su negocio con un crédito de Q 6,000.00 comprando mas abarrotes y teniendo una variedad para poder ofrecerles a sus clientes.
Tener otra tienda de abarrotes es el sueño junto a su familia para seguir mejorando las condiciones de vida.

Additional Information

More information about this loan

ADICLA's youth entrepreneurship loans allow young people without prior credit histories to borrow in groups, an opportunity that is not offered by many other microfinance institutions in Guatemala. The loans will be used to help them start small businesses.


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.

About Guatemala

  • $5,300
    Average annual income
  • 46
    View loans »
    Guatemala Loans Fundraising
  • $12,572,075
    Funds lent in using Kiva
  • 7.9
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Rafael to buy groceries to stock up his store.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Oct 10, 2012
Oct 19, 2012
Currency Exchange Loss:
May 18, 2014