Total loan: $3,750

Santa Teresita 2 Group

Patulul, Suchitepequez, Suchitepequez, Guatemala / Food

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A loan helped to buy oil, spices, ketchup, and chicken, all at the wholesale level.

Santa Teresita 2 Group's story

The coastal department/state of Suchitepéquez is the home of seven ladies who formed the Friendship Bridge Trust Bank “Santa Teresita 2.”

The women meet monthly to make payments on their loans and participate in educational trainings that are crucial to their success. The majority of the ladies have no formal education and appreciate learning about everyday topics such as nutrition, health, hygiene, and how to prioritize their expenses. They also gain valuable business tools that help them manage their businesses, which include the sales of tortillas, personal care products by catalogue, and clothing. Others have food businesses.

The effective combination of loans, education, and health care services is called “Microcredit Plus." The women are beginning their third loan cycle with Kiva.

Braulia, a 35-year-old widow with seven children all over the age of 6, is a member of the group with no formal education. Thanks to her prepared food business that includes delicious tamales and lunch items, she has earned enough to cover the household expenses and the education of her children. Five of them attend school.

Braulia is requesting a loan to buy oil, spices, ketchup, and chicken, all at the wholesale level. She visualizes her children completing their studies at the university level, as she realizes the tremendous value of education.

Kiva investors are held in high esteem by Braulia and her friends. Thank you!