Total loan: $2,675

Chicoj Group

Pueblo Nuevo, Suchitepequez, Suchitepequez, Guatemala / Food

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A loan helped to buy ingredients for the dishes she makes.

Chicoj Group's story

The five women of the group Chicoj live in Pueblo Nuevo, Suchitepéquez, Guatemala. They all have businesses related to preparing food, making tamales, tortillas, lunches or snacks. They are starting their second cycle with the Namaste Creating Prosperity Program and are eager to continue with their financial literacy classes and the sessions with their personal business advisor.

Sefora Marleny was elected president of the group. She is 31 years old and has a sixth-grade education. She has three young children who go to school and is separated from her husband. She is known for her tamales and sells them, and other prepared foods, on the street in her neighborhood. Among the things she learned during the first loan was how to keep track of her sales and expenses, how to set prices, and what customer service means. When she started, she had a monthly net profit of 1,566 Guatemalan Quetzales. At the beginning of this second loan it was Q 2827. And she hopes to increase that to Q 3592 in these next nine months.

Her dream in life is to see her children graduate and find careers. Her business goal is to eventually have her own small restaurant. With her loan she will buy ingredients for the dishes she makes.