Total loan: $5,025

El Pilar Group

Flag of Guatemala
Chimaltenango, Chimaltenango, Guatemala / Clothing

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

A loan helped to increase her inventory of clothing.

El Pilar Group's story

One woman empowered through the “Microcredit Plus” program of loans and education means that six other people benefit including family, employees and community members.

Gathering for their monthly meetings, 13 ladies in the Trust Bank “El Pilar” are motivated to expand their small businesses that include the sales of chickens, chicken meat and used clothing. Others make traditional textiles or raise animals (goats and pigs). They are beginning their first loan cycle with Kiva. Besides making payments on their loans at their monthly meetings, the women participate in educational training on everyday topics including basic business skills, nutrition, family planning and self esteem.

Mildred, a married mother of five children (4 months to 22 years old) is the Treasurer of the Trust Bank. She is both nervous and pleased to be the Treasurer. Mildred sells used clothing, a business that she recently began, and it is doing well! Mildred needs a loan to increase her inventory of clothing. She wants her children to have more than the fourth grade education that she had and so some of her anticipated income will be earmarked toward their educational needs.

Mildred shares, “What a blessing it is that I have been able to get a loan because I can work hard all month, get my loan payment together and save a bit for future needs. Thank you, dear Kiva lenders, because your loan money brings hope to Guatemalan families”.