100%

funded

Total loan: $1,025

Flor De Mayo Group

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Santiago Sacatepéquez, Sacatepéquez, Sacatepéquez Department, Guatemala / Food

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A loan helped to buy corn, vegetables, and bananas at the wholesale level for her food stall.


Flor De Mayo Group's story

On the first days of November, a huge kite festival is held in the department/state of Sacatepéquez. Travelers from all parts of the world come to admire the colorful, giant kites that are flown to send messages to those who are no longer physically present.

It was here that the Friendship Bridge Trust Bank “Flor de Mayo” was formed by 7 ladies who are on their first loan cycle with Kiva. The women meet monthly to make payments on their loans and participate in educational trainings, part of the “Microcredit Plus” program of loans and education. Because they have little or no formal education, these trainings are vital to their success in their businesses and their families. The women also gain self esteem and learn about women’s health.

Eugenia, a very active, married 30-year-old, is the president of the Trust Bank. She is unable to read or write. This has not stopped her from working hard at her food business and educating herself. She is also committed to the education of her 3 children (18 months, 2, and 13). The oldest child is in the 6th grade!

Eugenia, along with the other ladies in the group, has a food stall where she sells vegetables, tortillas, and delicious, traditional Guatemalan snack-type foods. Her business is going well, and she needs to inject more capital. Eugenia is requesting a loan to buy corn, vegetables, and bananas at the wholesale level.

Eugenia and her friends are very enthusiastic about empowering themselves and creating pathways out of poverty. Thank you, Kiva investors!