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Angelina
Angelina G. Tucupa, 29, makes the wide woven shawls that women here use as baby carriers. She uses a mechanical weaving machine. The shawls are called trajecitos in Spanish.

With the weaving machine she and her husband can make 30 dozen in one month, making a profit of about US$.70 on each item. They deliver them to a reseller in Guatemala City for resale. She and her husband turned to Friendship Bridge for credit in order to increase their output, which is on track and they are accomplishing their objectives in this second cycle of credit. Now that they have more working capital they can purchase in bulk and have the material they need for their weaving.

Angelina and her husband have 6 children under the age of 10, and the kids that should be in school are studying. She herself completed only the second grade.

Here is a video of the paperwork meeting that Angelina attended to apply for this loan.



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

  • $4,155
    Average annual income
  • 70
    View loans »
    Guatemala Loans Fundraising
  • $9,093,100
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $675 helped Angelina purchase yarn for her weaving machines.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 6, 2007
Listed
Aug 23, 2007
Currency Exchange Loss:
N/A
Ended:
Jun 7, 2008