She and the other members of her group just finished paying off their first 6 month loan. They all paid up in full and on time, something to be proud of and not something all groups are able to achieve.
She is married and has two children, both in school. When asked how much schooling she has had she was shy to admit that she had only finished the sixth grade. But she knows how important school is. Her dream is to continue with her own schooling to become a nurse and help her husband finish schooling as an electronics repairman in radios and televisions. Her health and her family's health are not particularly robust. Her children suffer from asthma and her own health has been only fair.
Written by Nancy Lewis and Randy Fay, Kiva Fellows
About Friendship BridgeThis 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).
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