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Pochol Group
In this Group: Lucia , Manuela , Micaela, Micaela
These four women named their group after their neighborhood in the Guatemalan Highland community of Nahuala. Their area is a lush agricultural region where coffee and bananas are cultivated. These women are strongly motivated to continue learning and growing their businesses through a third cycle of education and business advising from Namaste. Their businesses include food sales, clothing sales and coffee sales.
Manuela (second from left) is 62 years old with a husband who works as an agricultural laborer and 5 grown children. Her business is selling coffee. Manuela is illiterate and is very proud of the fact that the proceeds from her small business allowed all five of her children to go to school and complete their studies. During the first two loan cycles with Namaste she learned many practical ways to improve her business. She was able to expand her sales and add bananas and chili powder to the products she sells. During this third cycle she wants to add a greater variety of fruits to sell and will also start selling at a Sunday market in a neighboring town. She will invest her loan money in buying product in larger quantities at better prices.
Manuela is an outstanding member of her group. She puts all that she learns immediately into practice because she has seen how beneficial the advice of her Namaste business advisor has been to making her business more successful. Her dream now is to grow her business enough so that with the extra income she can improve their living conditions. Her current monthly profits are about 3280 Guatemalan Quetzales; and she and her business advisor are projecting a 100% increase in profits over the next nine months.

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
  • 80
    View loans »
    Guatemala Loans Fundraising
  • $9,872,275
    Funds lent in using Kiva
  • 7.7
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Pochol Group's $2,475 loan helped a member to add a greater variety of fruits.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Apr 11, 2014
May 17, 2014
Currency Exchange Loss:
Jan 17, 2015