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Brisas Group
In this Group: Alicia Maria , Eva Micaela , Mirian Felipa , Celestina Caniz , Santos Cristina , Maria Juana , Santa Juliana , Santos Floridalma , Sabina Petrona
Friendship Bridge Trust Bank “Brisas”
Totonicapán is a busy highland town nestled in the mountains of the Sierra Madre Mountains in southwest Guatemala. Approximately 98% of the population are Mayan Kiche which is also the language that they speak. This town is renowned for textile production and when one travels to the weekly market, there are dozens of colorful and very beautiful “cortes” or typical skirts that the women wear. They also use this fabric to sew aprons and men’s shirts. There is a very high demand as the quality of the “cortes” or fabric is very high.
The Friendship Bridge Trust Bank “Brisas” was formed in Totonicapán several years ago and is composed of nine women. They are requesting a new loan with Friendship Bridge and will use the funds to boost their textile production. The ladies are successful with their businesses and have watched their clientele increase in recent years. Happily, they are earning additional income and the standard of living for their families.
The current President of the Trust Bank is 25 year old Alicia who makes beautiful, high quality aprons. Alicia is from a large family and has nine siblings. She is able to contribute to the family expenses which means a lot to her. This industrious young woman is requesting a loan which she will use to purchase additional fabrics. Her customers are very faithful to Alicia and love to purchase items from her. Alicia wants to take advantage of the high demand right now before Easter which is a huge celebration in Guatemala. But Alicia has bigger dreams and she just went back to high school to realize them. After graduating in the very near future, Alicia wants to attend college with the goal of being a lawyer. Her parents have been most supportive of her goals and she feels very fortunate.
On behalf of all the women n the Trust Bank, Alicia expresses gratitude to KIVA investors throughout the world. It is difficult and nearly impossible for a woman like Alicia to get a loan. Organizations like Friendship Bridge are a vital lifeline for impoverished women to empower themselves and eliminate poverty. The micro-credit program of Friendship Bridge, which not only includes loans but also educational trainings, offers them a most vital opportunity to face a brighter future benefiting themselves, their families and their town of Totonicapán.
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Friendship Bridge Trust Bank “Brisas”
Totonicapán is a busy highland town nestled in the mountains of the Sierra Madre Mountains in southwest Guatemala. Approximately 98% of the population are Mayan Kiche which is also the language that they speak. This town is renowned for textile production and when one travels to the weekly market, there are dozens of colorful and very beautiful “cortes” or typical skirts that the women wear. They also use this fabric to sew aprons and men’s shirts. There is a very high demand as the quality of the “cortes” or fabric is very high.
The Friendship Bridge Trust Bank “Brisas” was formed in Totonicapán several years ago and is composed of nine women. They are requesting a new loan with Friendship Bridge and will use the funds to boost their textile production. The ladies are successful with their businesses and have watched their clientele increase in recent years. Happily, they are earning additional income and the standard of living for their families.
The current President of the Trust Bank is 25 year old Alicia who makes beautiful, high quality aprons. Alicia is from a large family and has nine siblings. She is able to contribute to the family expenses which means alot to her. This industrious young woman is requesting a loan which she will use to purchase additional fabrics. Her customers are very faithful to Alicia and love to purchase items from her. Alicia wants to take advantage of the high demand right now before Easter which is a huge celebration in Guatemala. But Alicia has bigger dreams and she just went back to high school to realize them. After graduating in the very near future, Alicia wants to attend college with the goal of being a lawyer. Her parents have been most supportive of her goals and she feels very fortunate.
On behalf of all the women n the Trust Bank, Alicia expresses gratitude to KIVA investors throughout the world. It is difficult and nearly impossible for a woman like Alicia to get a loan. Organizations like Friendship Bridge are a vital lifeline for impoverished women to empower themselves and eliminate poverty. The micro-credit program of Friendship Bridge, which not only includes loans but also educational trainings, offers them a most vital opportunity to face a brighter future benefiting themselves, their families and their town of Totonicapán.

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
  • $9,919,275
    Funds lent in using Kiva
  • 7.7
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Brisas Group's $3,225 loan helped a member buy supplies to increase production of textiles.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 11, 2014
Listed
Mar 25, 2014
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2015