100%

funded

Total loan: $5,700

Canasta De Flores Group

Flag of Guatemala
Quiche, Quiche, Guatemala / Food

Canasta De Flores Group's loan finished fundraising,
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A loan helped to buy corn and firewood for a new tortillería.


Canasta De Flores Group's story

In the northwestern state of Quiche, women in the Canasta de Flores Trust Bank each run businesses in agricultural or animal husbandry. Some plant tomatoes and onions, others raise animals on their land. There are nine ladies in the Trust Bank, and they speak K’iche’ and Spanish. This is their hirrd loan cycle with Kiva.

One of these women, Olga, is the secretary of the Trust Bank. She’s 20 years old and has two children, ages 1 and 5. Olga studied until sixth grade and her 5-year-old is in kindergarten. She’s married and lives in an adobe house about 30 minutes from the center of town. At home, she raises goats, chickens, ducks, and other animals. After about four months in her care, she sells the animals to butchers. Olga has been running this business by herself for four years and dreams of opening a second business. With help from Kiva, Olga hopes to buy corn and firewood to start a tortillería, where she’ll make and sell tortillas.

This Trust Bank works through Friendship Bridge, a Kiva field partner. Each month, Trust Bank members receive workshops on business, health, and personal development topics. This program, Microcredit Plus, helps empower women in Guatemala. Olga appreciates these lessons because she’s always looking to learn more and improve her business. She’s learned how to wisely invest in her business and use the earnings to pay off her microcredits.

Thank you for supporting Olga and women like her. With these funds, they can continue creating new opportunities.