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Gaviotas Group
In this Group: Flor De Maria , Glenda Patricia , Leticia Anabella , Magdalena , Maria , Maria Isabel , Maria Teodora
Maria Teodora, who is named after her grandmothers, is 48 years old and married. Her three children have all completed high school, which makes her very proud. For 12 years, Maria has been earning a living by selling food such as chuchitos (small corn tamales), bread with chicken, atole, toast, enchiladas, and other traditional foods of the region.

With hard work and determination, Maria was able to purchase a small store in the market two years ago, which she now operates from 9 a.m. to 4 p.m. Monday through Saturday. While her sales have increased, Maria depleted all of her savings in order to purchase the store. Looking for a small loan to be able to purchase more materials, Maria decided to join the Seagulls Trust Bank, comprised of seven members who have 29 children among them. Their businesses range from restaurants to veterinary assistance to tortilla-making. Like Maria, they are all striving to make a better life for their families.

Maria, who has expanded her product line to include purified water, sodas, smoothies and meals, hopes to one day have a larger store to accommodate more customers. "My group and I feel fortunate that people in other countries, who don't even know us, are willing to support us financially," said Maria. "Our families are benefiting, which is our goal. We can accomplish great things in our country if we have the support from others and we continue to work hard."

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
  • 77
    View loans »
    Guatemala Loans Fundraising
  • $9,917,275
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Gaviotas Group's $2,875 loan helped a member to purchase more materials for food-making.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Feb 23, 2012
Feb 28, 2012
Currency Exchange Loss:
Nov 15, 2012