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Mujeres Creativas (Creative Women) Group
In this Group: Ana Francisca, Enma Yolanda, Liliana Elizabeth, Maria Del Carmen, Maria Luisa, Vilma Dolores, Wendy Maribel
The seven women in Mujeres Creativas have a variety of businesses. There is one small store and several businesses making and selling tortillas. Also, one woman has a catalog business selling cosmetics. These women are looking forward to the business education classes and the monthly visits from the Namaste Business Advisor who will help them write and implement their business plan. They live and work in San Juan Alotenango, a small town not far from the city of Antigua.

Wendy Maribel, in the center of the photo, has had a small store for eight years. She is married to a policeman who works in the city and only comes home for a few days every two weeks. She has a daughter not yet in school, and she has one employee who helps her with childcare and with the store. She plans to use her loan to buy personal care products that she does not currently carry, such as soap, shampoo, toothpaste, and toothbrushes. She is optimistic that when she learns how to handle her inventory and control her sales and expenses that she will be able to increase her profit and grow her business.

Currently, Wendy Maribel works 224 hours per month and has profits of approximately $139 US. She anticipates that with her new products and her new knowledge, she will be able to increase her profits during the nine months of this program by more than 100%.

Additional Information

More information about this loan

In addition to a micro-loan, through its Business Development Program, Fundacion Namaste Guatemaya, provides its borrowers with the business support that will help their enterprises grow. 

Namaste provides financial literacy, business education, cash flow analysis, and opportunities for entrepreneurs to to share experiences and best practices. The capstone of their model are Business Advisors that provide each borrower with one-on-one mentoring.

Namaste measures it success through the increase in profits of its borrowers. Of the more than 900 Namaste borrowers who have completed the business development program, on average their profits increased by 41%.  Namaste clients are averaging USD2.50 per hour vs the Guatemala minimum wage of UDS1.00. 


About Fundacion Namaste Guatemaya

Fundacion Namaste Guatemaya (Fundacion Namaste) is a non-profit organization in Guatemala that focuses on empowering women with microloans and mentoring. Its flagship program is the Namaste Business Development Program (NBDP), which combines personalized mentorship, financial literacy and customized microloans to help women entrepreneurs formalize their business models and increase their profits.

To date, approximately 1,000 women have completed the NBDP program, and over 500 women are actively enrolled. Kiva lenders’ funds enable Fundacion Namaste to reach even more women in Guatemala, particularly in rural and idigenous communities.

Fundacion Namaste joined Kiva through our Experimental Partnership Program, and has therefore received a lighter level of due diligence. Accordingly, loans associated with this partner carry a higher level of risk than typical Kiva loans.

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
  • 125
    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 Mujeres Creativas (Creative Women) Group's $1,250 loan helped a member to buy additional stock for her tienda (small store).
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Sep 9, 2013
Sep 18, 2013
Currency Exchange Loss:
Jun 17, 2014