100%

funded

Total loan: $2,500

Chicua Tercero Group

Flag of Guatemala
Chichicastenango, Departamento El Quiche, Quiché Department, Guatemala / Arts

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


A loan helped to buy bags of cotton thread in different colors.


Chicua Tercero Group's story

Small loans, low interest rates, access to health care, and educational training about relevant topics are some of the benefits enjoyed by seven Maya K’iche women who formed the Friendship Bridge Trust Bank “Chicua Tercero” in the department/state of Quiche. These women, who live in a rural area, have only a few years of formal education. Some finished elementary school while others finished the eighth grade. They meet monthly to make payments on their loans, and then they learn about everyday topics such as health, nutrition, hygiene, as well as effective business practices. The combination of loans and education is called “Microcredit Plus." The women are excited to begin their first loan cycle with Kiva.

Rosenda, a married mother of a year-old daughter, follows family tradition and weaves colorful traditional blouses called “huipiles” that she sells in her community. She also takes orders in the famous large market of Chichicastenango. Rosenda is requesting a loan to invest in bags of various cotton thread in different colors. She has benefitted greatly from her monthly educational training, especially since she was able to go to school only until the eighth grade.

Rosenda and her friends are making progress in large part because of the generosity of Kiva investors in funding their loans. Thank you!