 By June 1954 , 1 @.@ 4 million acres of land had been expropriated and distributed . Approximately 500 @,@ 000 individuals , or one @-@ sixth of the population , had received land by this point . The decree also included provision of financial credit to the people who received the land . The National Agrarian Bank ( Banco Nacional Agrario , or BNA ) was created on 7 July 1953 , and by June 1951 it had disbursed more than $ 9 million in small loans . 53 @,@ 829 applicants received an average of 225 US dollars , which was twice as much as the Guatemalan per capita income . The BNA developed a reputation for being a highly efficient government bureaucracy , and the United States government , Árbenz 's biggest detractor , did not have anything negative to say about it . The loans had a high repayment rate , and of the $ 3 @,@ 371 @,@ 185 handed out between March and November 1953 , $ 3 @,@ 049 @,@ 092 had been repaid by June 1954 . The law also included provisions for nationalization of roads that passed through redistributed land , which greatly increased the connectivity of rural communities . 
