100%

funded

Total loan: $5,100

Fe Y Esperanza San Juan Group

Flag of Guatemala
San Juan Sacatepequez, Sacatepequez, Guatemala Department, Guatemala / Services

Fe Y Esperanza San Juan Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!


A loan helped buy different 'corte' fabrics, zippers, & bulk cones of thread, which she will use to make traditional aprons.


Fe Y Esperanza San Juan Group's story

Many of the indigenous Maya women of Guatemala have little or no formal education. For this reason, Friendship Bridge created the "Microcredit Plus" program of education + loans. The program enables small business women in the various trust banks throughout the country to learn good business administration skills like budgeting, saving, & investing. They also learn good health practices that create a better quality of life for themselves & their children. This is the case of 33 year old María, who is a member of the "Fe y Esperanza San Juan" Trust Bank, now in their 3rd KIVA loan cycle. The group wants to invest their loans in their businesses selling traditional blouse (huipiles), flowers & cosmetics.

María sews a variety of traditional aprons made from "corte" (skirt) material with beautiful ruffles & pockets with zippers. She plans to use her loan to buy different traditional fabrics, zippers, & bulk cones of thread. Because María had no formal education, she works hard to provide a good education for her 4 children (4-12 years). The 2 eldest are in the 5th & 6th grades. She wants a better life for her children & dreams of them becoming professionals. If her business grows with new client sales & profits, her dreams will come true!

María & her friends are very grateful for the trust shown them by KIVA investors & Friendship Bridge. The trust helps them become empowered, successful & create better lives for their families. Thank you!