100%

funded

Total loan: $3,500

San Francisco Group

San Martin Jilotepeque, Chimatenango, Chimaltenango Department, Guatemala / Agriculture

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A loan helped to buy 15 chickens and feed at the wholesale level.


San Francisco Group's story

Ten Maya Kaqchikel women, members of the Friendship Bridge Trust Bank “San Francisco” live in a rural area near Chimaltenango. It is known as the “Cradle of Artists” and also known for the fertile soil where a variety of vegetables are grown. The ladies have traditional textile businesses, and also raise chickens and pigs. They are successful at selling in the local markets. This is their 3rd Kiva loan cycle.

The oldest member of the group is 65-year-old Beatriz, who has had only 2 years of formal education. However, she is an astute businesswoman and has no problem taking care of financial matters. Her husband died 36 years ago during the tragic civil war and left her to raise 7 children. All of them are now more than 30 years old, married, and have gone to school. Two of her granddaughters (who are 13 and 16) live with her and help out with the family expenses. Beatriz has an animal husbandry business and is requesting a Kiva loan to buy 15 chickens and feed at the wholesale level.

The women meet monthly to make loan payments and participate in educational trainings, part of the “Microcredit Plus” program of loan, education, and healthcare services. The ladies learn about business (planning, budgeting, investing), health (nutrition, hygiene), and women’s matters (self esteem, empowerment).

The success of these women would not be possible if it weren’t for the kindness and generosity of Kiva investors partnering with Friendship Bridge. Thank you!