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Azul Group
In this Group: Maria Dominga , Victoriana , Maria Concepcion , Elvira , Maria Cecilia , Irma Esthela , Maria Candelaria , Elena , Mariana De Jesus , Rosa Margarita , Maria Lucrecia
The Trust Bank, "Azul" meaning "blue" is located in the rural town of Chuicabit in the state of Quetzaltenango. Comprised of eleven enthusiastic women, the group was formed around four years ago. At least 88% of the women never attended school. Their average age is 35 years old. The ladies of "Azul" are involved in various kinds of businesses such as agriculture, commerce (buying and selling fruit and vegetables), and animal husbandry.

The current president of "Azul" is 31-year-old Irma. She has three children ranging in age from six to thirteen, each of whom is enrolled in primary school. Irma did not have the opportunity to study and she realizes how important education is for her children. She and her husband strive each day to provide the necessary things for their children, focusing on good nutrition and health as well as education.

Irma is a talented seamstress. She sews aprons and embroiders blouses. Her current goal is to buy a variety of fabrics to fill orders for aprons that she has received. Irma is anxious to secure another micro-loan from Friendship Bridge so that she can meet the increased demand that comes at this time of the year. She is on her 5th loan cycle. Irma points out that micro-loans are a great way to move ahead, especially in small rural communities of Guatemala.

Irma, along with the ten women of "Azul," wish to express their gratitude to all KIVA investors, who they feel bonded with because of these loans. The loans are especially important at this time of the year for each of the women because of the year-end holidays. The women wish all who are involved in KIVA much prosperity and happiness in the coming year.

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
  • 131
    View loans »
    Guatemala Loans Fundraising
  • $10,855,800
    Funds lent in using Kiva
  • 7.9
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Azul Group's $4,625 loan helped a member to buy fabric to make aprons for sale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Dec 14, 2012
Dec 21, 2012
Currency Exchange Loss:
Jan 17, 2014