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Debora Group
In this Group: Maria Yolanda , Aura Virginia , Elvira Emiliana , Gloria Esperanza , Maria Del Rosario , Maria Julieta Policarpia , Olga Guadalupe , Telma Maribel , Gladys Argentina , Irma Yolanda , Vilma Yojana
The Debora Trust Bank is made up of 11 enthusiastic women and is found in the small village of Xecaracoj, located in the western highlands of Guatemala. Many residents of Xercaracoj dedicate their careers to commerce (inlcuding selling produce, groceries and hardware); other villagers also make a living in manufacturing traditional clothing and animal husbandry. Xecaracoj is a rural community where many people still speak the native language of K’iche.

The president of the Debora Trust Bank, Elvira is a 33-year-old married woman with two children. When Elvira was very young, her father passed away, leaving her with no other means of support. She and her siblings left school to work for family income. Having only completed a year of school, Elvira dedicated herself to the art of hand embroidery and animal husbandry to support her family. Today, Elvira runs a small convenience store out of her house.

Each month, when the Debora Trust Bank has a repayment meeting, members also receive non-formal education as part of their participation in the Microcredit Plus program through Friendship Bridge. Elvira recently attended the advanced training for baking, and wants to incorporate a bakery into her convenience store, specializing in donuts. With a new loan she will buy inventory to enhance her store and all the materials necessary to start baking donuts.

Elvira dreams of expanding her business through the bakery, which will gain her access to new clientele. She is a very positive woman who now has the self-confidence to grow her business and earn extra income to obtain her goal of keeping her children in school. In addition, she appreciates other training she has received through Friendship Bridge, including lessons on money management, which will help her with business growth.

Elvira is one of 11 women who make up the Debora Trust Bank. Each have different life stories, but their common goal is to change their future and the future of their families. They are grateful for the investment that people around the world are making in them.

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
  • 120
    View loans »
    Guatemala Loans Fundraising
  • $10,302,100
    Funds lent in using Kiva
  • 8.0
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Debora Group's $5,525 loan helped a member to buy inventory to enhance her store and materials to start baking donuts.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Sep 11, 2012
Sep 25, 2012
Currency Exchange Loss:
Sep 17, 2013