100%

funded

Total loan: $5,425

La Laguna I Group

Chiche, El Quiche, Guatemala , Quiché Department, Guatemala / Food

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A loan helped to buy 20 large sacks of corn so that she has enough to keep both businesses busy.


La Laguna I Group's story

Quiche is a department/state in the Northwest Highlands of Guatemala full of Maya Kiche people who hold fast to their cultural and textile traditions. In a community here, eight women have formed the Friendship Bridge Trust Bank La Laguna 1. They are beginning their first loan cycle with Kiva and look forward to investing in their businesses, which include traditional textile production and animal husbandry.

Most of these women were unable to attend school when they were growing up because education is not free in Guatemala so they had to stay home and work alongside their parents. However, they are eager to learn, and they look forward to their monthly meetings, when they make payments on their loans and then participate in educational trainings, part of the Microcredit Plus program of loans, education and healthcare. They learn about themselves (self esteem, empowerment), their families (nutrition, health, hygiene) and their businesses (planning, budgeting, investing, savings).

Maria, a 32-year-old single mother of three children (aged 6 to 13), is a member of the group who is working hard to meet her household expenses, including the education of her children. Each of the children goes to school! Maria has two tortilla shops or “tortillerias.” She is requesting a loan to buy 20 large sacks of corn so that she has enough to keep both businesses busy. In Guatemala, corn tortillas are freshly made three times daily.

Maria and her friends appreciate the kindness of Kiva investors for funding their loans.