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Mayas Kachikel Group
In this Group: Raquel, Alba, Catalina, María, María De Jesus, Leticia, Yeni, Santos, Isabel, Juana, Arcely, Zoila, Claudia, Silvia, Angela, Clemencia, Vicenta, Coralia, Demetria, Lesbia, Ingrid, Karla
View original language description ↓
The women of the bank of confidence, “Mayas Kachikel” like to smile a lot. Since I came to interview them, they received me with an insuperable joy and an applause that made me very happy.


Many of these women have worked as maids, and have knitted traditional dresses like huipiles (traditional blouse in Guatemala), and they have sold cans they picked up in the streets. However, they are determined to change this fate for a more promising one.


In order to invest in a promising business, they have come to Friendship Bridge to request an initial loan of approximately US$ 220, in 9 installments, plus the training in business and loan administration that Friendship Bridge gives all its clients.


In this group, the businesswomen work in different economic activities, and because of this, the women will not use their loan in the same way. For example, one of these women will use her loan to buy wire, paper, and candy, to make piñatas. Another one has just opened a small restaurant called Moon & Soon, by the central plaza, and she requested a loan to buy the last things she needs to open her restaurant’s doors to the public. Another group of women wants to buy merchandise wholesale to make huipiles. Finally, another group of women have decided to buy clothing wholesale in the city of Guatemala, to resell it in the local market. This loan that will be given to the clients will allow them to dream of a larger business and more.


The dream of Clemencia T. Xovin is having a great business with which she can make enough money to send her children to school. Angela Graciela C. Tuc said, “I would like my business to grow so I can have enough money to expand my little house.” The dreams of these women go hand in hand with the success of their respective business. All they need is that initial support so that they can make their dreams reality. Support them!

Translated from Spanish by Eliana Colunga, Kiva Volunteer



Las señoras del banco de confianza “Mayas Kachikel” son muy risueñas. Desde que llegué a entrevistarlas me recibieron con una alegría insuperable y unas palmas que me llenaron de alegría.

Muchas de estas señoras han trabajado como empleadas domésticas, han tejido trajes tradicionales como los huipiles (blusa tradicional en Guatemala)y han vendido latas que recogieron en la calle. Sin embargo, ellas están dispuestas a cambiar ese destino por uno más prometedor.

Ellas han acudido a Frienship Bridge para solicitar un crédito dinicial de aproximadamente US$220 a nueve cuotas, más la capacitación de administración de empresas y crédito, que se les da a todas las clientes de Friendship Bridge, para así invertir en un negocio prometedor.

En este grupo las empresarias trabajan en distintas actividades económicas, debido a eso las señoras no van a usar su crédito de la misma manera. Por ejemplo, una de las señoras va a utilizar su préstamos para comprar alambre, papel y dulces para prepara piñatas. Otra acaba de abrir un pequeño restaurante, llamado Moon & Soon adyacente a la plaza central y ha solicitud un crédito para comprar lo último que necesita para abrir las puertas al público. Otro grupo de señoras quieren comprar mercadería al por mayor para poder empezar a tejer sus huipiles. Finalmente, otro grupo de señoras han decidido comprar ropa al por mayor en la Ciudad de Guatemala para revenderla en el mercado local. Este préstamo que se le va a otorgar a las clientas les va a permitir soñar con un negocio más grande y con algo más,

El sueño de Clemencia T. Xovin es de tener un gran negocio con el cual ella pueda ganar suficiente dinero para mandar a sus hijos al colegio. Angela Graciela C. Tuc dijo: “a mi me gustaría que mi negocio crezca para así poder tener suficiente dinero para ampliar mi casita.” Los sueños de estas señoras van de la mano del éxito de sus respectivos negocios, ellas solo necesitan de ese apoyo inicial para que puedan a concretar sus ideales. ¡Apóyenlas!
Nota: Tres de las señoras del grupo no pudieron estar presente en la foto porque estaban hospitalizada o tenían problemas familiares. Por suerte ya están rehabilitadas y trabajando con normalidad. Sus fotos se van a colgar en los journals. Gracias por la comprención

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).

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Guatemala

  • $5,300
    Average annual income
  • 74
    View loans »
    Guatemala Loans Fundraising
  • $9,885,550
    Funds lent in using Kiva
  • 7.7
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Mayas Kachikel Group's $4,950 loan helped a member buying materials to create Guatemalan typical dresses. Buying materials to make piñatas. Buying clothing wholesale. Buying kitchen utensils to open a restaurant.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 17, 2007
Listed
Nov 3, 2007
Currency Exchange Loss:
Covered
Ended:
Aug 17, 2008