100%

funded

Total loan: $5,925

Mar Group

SAN JUAN OSTUNCALCO,QUETZALTENANGO, Quetzaltenango Department, Guatemala / Clothing

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A loan helped to increase her inventory of clothing and shoes for sale.


Mar Group's story

The town of San Juan Ostuncalco is located west of the large municipality of Quetzaltenango in the Western Highlands of Guatemala. The people who live here are “Mam” and speak that language as well. Ten women from the town, who range in age from 25-55, have formed the Friendship Bridge Trust Bank group “Mar” meaning “Ocean” or “Sea”. Sonia is a member of the Trust Bank, who is 37 years old, married with 2 children. She is in her 4th semester at the university and is studying tourism. She buys and sells clothing and shoes. This is an important time of the year for Sonia since there is a lot of demand. She wants to increase her inventory of clothing and shoes. She also wants to be sure that her children stay in school and receive a good education. Sonia hopes that KIVA investors will fund her loan. It would be impossible for women like Sonia to walk into a bank and secure a loan. KIVA investors play a valuable role in the lives of women like her and her friends in the Trust Bank. Look forward to providing a follow-up report on Sonia in the future. Thank you, KIVA investors!