Total loan: $2,850

Flor De Asalia Group

Flag of Guatemala
San Pedro Yepocapa, Chimaltenango, Chimaltenango, Guatemala / Retail

Flor De Asalia Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!

A loan helped to buy sugar, rice, pasta, coffee, cookies, candies and other foods and snacks to stock her store.

Flor De Asalia Group's story

Yepocapa is in the state of Chimaltenango in the central highlands of Guatemala. The city is located at the foot of the active Fuego volcano and is known for its farming as well as for its weavings of typical textiles like napkins.

Six Maya Kaqchikel women make up Yepocapa’s Friendship Bridge Trust Bank group, Flor de Asalia. The women are beginning their first loan cycle with Kiva investors and have applied for a 21,722 GTQ loan to be apportioned among them.

One of its members is 46-year-old María who was only able to attend school through the third grade; therefore, she has made certain that her six children ages nine through 29 years are or have attended both primary and secondary schools. She has a small convenience store, and with her loan portion she will buy sugar, rice, pasta, coffee, cookies, candies and other foods and snacks to increase her inventory.

On a monthly basis María happily attends non-formal educational meetings where she learns from a Friendship Bridge facilitator about business skills such as accounting, budgeting, saving and investing that will help her to have a successful business. These skills, along with a loan from Kiva investors, help her to become empowered.

It is thanks to Kiva investors and Friendship Bridge that Guatemalan women like María can achieve their short-, medium- and long-term goals, along with increasing their earnings to enable them to continue to provide education and development for their families. Mil gracias!!!