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Lucianitas Santa Lucia Group 2
In this Group: Faustina, Hilaria, Candida, Sara, Carina, Maria, Aura, Juana
The town of Santa Lucia is the town where all the members of the group are born. They like their town because it is quiet and safe. There is never any violence or other negative things happening. Even though they know each other well, there is never time to chat to each other. This is because these women are overwhelmed with the household chores such as preparing meals for the entire family, washing clothes, working, etc. For that reason, these women are very happy with the repayment meetings and the informal education training Friendship Bridge offers to all the clients.

The members of the group work in various businesses such as raising animals, administering a small restaurant, administering a beauty salon, administering a school for hair stylists, and selling fruit at the market of Sololá. Hilaria invited her daughter and niece to the group. These two young and modern women sell jewelry to acquaintances in Sololá. They are able to take care of their expenses while attending school with the revenue from their business. This aspect of their work is very encouraging. This means that, through microfinance, a woman can pay her expenses throughout school without relying on anybody else.

Faustina, the group leader, tells me she raises small pigs until they are big, and then they are sold to an intermediary who always buys the pigs from her and her sisters, who are members of another trust bank.

Another group member, Aura, who is 8 months pregnant, wants to invest her credit in buying an extra chair for her beauty salon. This way she can teach more people how to cut hair. She tells me with a smile how more young people cut and style their hair than before. In the past, women grew their hair since they were young. Cutting their hair wasn’t the fashion then. Instead, they just trimmed it a couple of inches.

The women formed the group after they had a visit from one of the loan officers called Catarina. They hope to be able maintain this pleasant path of improving their lives. Because some of them only went to school when they were kids, they would really like to be able to provide their own children a better future through education.

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
  • 71
    View loans »
    Guatemala Loans Fundraising
  • $9,872,275
    Funds lent in using Kiva
  • 7.4
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Lucianitas Santa Lucia Group 2's $2,850 loan helped a member invest in a greater quantity and range of products.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Sep 8, 2008
Aug 25, 2008
Currency Exchange Loss:
Nov 15, 2009