100%

funded

Total loan: $2,400

Las Margaritas Comalapa Group

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San Juan Comalapa, Chimaltenango, Chimaltenango Department, Guatemala / Arts

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A loan helped to buy various colors of thread and patterns for her textile business.


Las Margaritas Comalapa Group's story

San Juan Comalapa, located in the Department of Chimaltenango, is a very traditional town filled with Maya Kaqchikel inhabitants. It is known as the “Florence of America” because of the numerous painters who live there.

Seven women formed the Friendship Bridge Trust Bank “Las Margaritas Comalapa” and elected 28-year-old Wendy as the president. This is their first loan cycle with Kiva. Wendy has a traditional textile business and fabricates beautiful “huipiles”, or blouses, as well as colorful “fajas”, or belts. She is requesting a loan to increase inventory and sales, and plans to offer new designs to her customers. Wendy plans to buy various colors of thread and patterns for her textile business.

Wendy is married and the mother of three children who range in age from 4-9. The older children attend school. Wendy is determined to increase sales and generate more income to be certain that her children have all they need in terms of education, health, and general well-being. She was only able to attend school until the second grade.

The monthly trainings, part of the “Microcredit Plus” program of Friendship Bridge (loans + education), give Wendy many useful tools to support her personal (self-esteem, empowerment) and business life (accounting, budgeting, investing). Her family also benefits as she learns about health, hygiene, and nutrition.