100%

funded

Total loan: $5,500

Corralense Group

Quetzaltenango, Quetzaltenango, Guatemala / Agriculture

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A loan helped to buy chickens and pigs.


Corralense Group's story

The second largest city in Guatemala is Quetzaltenango, also known by its indigenous name “Xelaju” or “Xela”. There are a number of schools, including language schools, museums and other cultural institutions. Two magnificent volcanoes surround the city.

In a rural area outside of “Xela”, 11 ladies have formed the Friendship Bridge Trust Bank “Corralense” and are beginning their second loan cycle with Kiva. Because there is such a high demand, all of the women have animal husbandry businesses and raise chickens, goats, pigs and cattle. They meet monthly and make payments on their loans. Then, the women participate in educational trainings.

One member of the group, 49-year-old Carmen, shares that the trainings about budgeting, savings, and investing, as well as health and nutrition have been especially interesting and important to her. The trainings have inspired her “to wake up her mind and create new strategies to improve her business and family life”.

The ladies have had little or no formal education. Carmen studied until the sixth grade. She is very motivated to work hard in her animal husbandry business. She is requesting a loan to buy chickens and pigs. Carmen wants to expand her business and increase her income so that all of her children can have at least a high school education.

The “Microcredit Plus” Program of Friendship Bridge (loans + education) gives Carmen and her friends many of the tools they need to empower themselves and eliminate poverty. Thank you, Kiva investors, for your partnership!