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Tzutujil Group
In this Group: Maria Gloria , Maria Carmen , Francisca , Juana Rosenda , Ingrid Sucely *, Dominga , Ana , Martha
* not pictured
The “Tzutuhil” are one of the 21 Mayan indigenous groups that live around Lake Atitlan in Guatemala. It is also the name of the language that is spoken by these proud people. Seven women have formed a Friendship Bridge Trust Bank with this name. They are from the peaceful village of San Juan La Laguna, one of the many small towns that dot Lake Atitlan. Because tourism is increasing in this picturesque area, the women of the Trust Bank create and sell traditional weavings, many of which are dyed using seeds, leaves, charcoal, the bark of trees and the juice of fruits like pomegranates.

These strong-willed women are motivated to create more prosperous lives for themselves and their families. Maria is a 31-year-old single mother, and a prime example of someone who eagerly seeks the tools to elevate herself and her son. Because she grew up in extreme poverty, Maria had little access to formal education. She is seeking her first loan from Friendship Bridge that she will use to purchase supplies for dyeing, needles, and thread for her textile business. Maria creates colorful purses, curtains and bedspreads.

Friendship Bridge not only provides loans to over 20,000 clients, but also incorporates education in the monthly meetings of each Trust Bank. A Loan Officer shares relevant and beneficial information on timely subjects like children’s education and nutrition, effective business management including budgeting, accounting and customer service. Other topics covered include self-esteem and women’s rights as well as medicinal plants and health. It is the combination of the loans and education that makes the Microcredit Plus Program of Friendship Bridge such a wonderful vehicle for these impoverished women to leave poverty behind.
KIVA investors are valuable collaborators with Friendship Bridge and are greatly appreciated. Maria and the six ladies in the “Tzutuhil” Trust Bank are poised to face a brighter, happier and more prosperous tomorrow because of their small loans and education. Thank you, KIVA investors, for your kindness and generosity!

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

  • $4,155
    Average annual income
  • 68
    View loans »
    Guatemala Loans Fundraising
  • $8,754,075
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Tzutujil Group's $2,850 loan helped a member to purchase supplies for dyeing, needles, and thread for her textile business.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 14, 2014
Listed
Jun 5, 2014
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2015