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Joaquina
Joaquina B. B. is 27 and earns her monetary income by weaving beautiful Mayan huipiles, the traditional blouse the women wear in the mountains of western Guatemala. Weaving each huipil takes about two months' work, and she can sell one for almost US$200, making a profit of about US$150. As she has in her loans for the last few years, she'll invest in yarn for the weaving.


Two of Joaquina's four kids are in school, although she herself didn't make it past the second great and can only read a little bit (but she can sign her own name). Her husband works far away and she hasn't seen him for two years, but he faithfully helps with supporting the kids. Joaquina, however, has to take full responsibility for care of the kids. She's a member of the women's group "Flor de Nebaj".


Written by Nancy Lewis and Randy Fay, Kiva Fellows

Additional Information

About Friendship Bridge

This loan is administered by Friendship Bridge (FB), a nonprofit, nongovernmental organization that empowers thousands of impoverished Guatemalan women through its Microcredit Plus program. The program combines small loans averaging US$350 for four-to-twelve month loan terms with non-formal, participatory education.

As FB clients, women start, expand, or diversify their businesses and learn practical lessons on topics including business, health, and self-esteem. FB’s clients borrow as a group, forming Trust Banks (groups of 7-25 women who serve as co-guarantors of the loan and act as a self-regulating support network).

About Guatemala

  • $5,300
    Average annual income
  • 74
    View loans »
    Guatemala Loans Fundraising
  • $9,892,100
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Joaquina purchase yarn for weaving huipiles.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Aug 21, 2007
Listed
Aug 6, 2007
Currency Exchange Loss:
N/A
Ended:
May 21, 2008