Total loan: $4,575

Flor De Maguey 3 Group

Flag of Guatemala
Cotzal, Quiché Department, Guatemala / Clothing

Flor De Maguey 3 Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!

A loan helped to expand her three business activities: a grocery store, barber shop and the manufacture of typical tissue.

Flor De Maguey 3 Group's story

María is 47 years old and she has six children. She lived with her parents and she could not study because during the Guatemalan Armed Conflict, her school was burned. When she was 12 years old, she cut coffee with her parents.

She married at the age of 16 and both went to a farm to cut coffee together to earn the daily sustenance for their children.

María got interested in the Chajulense Association of Women United for Life, because she listened to women talking about the loans.

With her husband, she decided to get a loan. With her first loan, she invested in a small grocery store. With her second loan, she invested in a barber shop, and with the third loan, she invested in the manufacture of typical tissue.

With this year's loan, her seventh, she will invest in her three business activities: the grocery store, the barber shop and the manufacture of typical tissue.

María says that the loans have let her give a better diet, clothing, and studies to her children.

María is the leader of Flor de Maguey 3. The group is comprised of eight women, seven from the Maya Ixil ethnicity and one from the ladino ethnicity. The group will use their loan for agriculture 12.5%, health 12.5% and textiles 75.0%. On average, each member of the group has three children and the average age of the members of the group is 39 years old. 38% are illiterate, 13% ended their primary education, 25% studied to the ninth grade, 13% ended their secondary education, 13% have university studies.