Total loan: $6,175

Corazon De Oro Group

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Santa Cruz la laguna, Solola, Guatemala / Arts

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

A loan helped who is requesting a loan to buy a variety of colorful thread, “huipiles” and “cortes”.

Corazon De Oro Group's story

The state/department of Solola is a place full of beautiful scenery & proud Maya people who hold fast to their culture & traditions. It is where the Friendship Bridge Trust Bank “Corazon de Oro” meets monthly to make payments on their loans and participate in educational training, part of the Microcredit Plus program (loans + education) of the organization. There are nine Kaqchikel women in the group who are starting their 4th loan cycle with KIVA. They are requesting a loan to invest in their traditional handicraft & textile businesses.

Petrona, a 37-year-old mother of five children, aged nine to 22, is a member of the group who has a traditional textile business making “huipiles” or colorful ornate blouses, and “cortes” or woven wrap-around skirts. She is requesting a loan to buy a variety of colorful thread, “huipiles”, and “cortes”. She will use part of her business's income to invest in the education of her children. Their education is quite important to her because she was not able to go to school.

The monthly educational sessions are crucial to the success of Petrona and her friends. They receive information about themselves (self-esteem and empowerment), their families (nutrition, hygiene, and health) and their businesses (planning, investing, and savings).

It would be impossible for these women to walk into a bank and secure a loan. KIVA investors are filling an important role in the lives of these women! Thank you!