100%

funded

Total loan: $3,150

Bordadoras Group

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San Marcos La Laguna, Sololá, Sololá Department, Guatemala / Food

Bordadoras Group's loan finished fundraising,
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A loan helped to buy pots, a blender and ingredients for her recipes.


Bordadoras Group's story

In Sololá, seven Maya Kaqchikel women have come together in the “Bordadoras” or “Embroiderers” Trust Bank. In their Trust Bank, they can access microloans for their businesses, helping combat the effects of poverty in their lives. They run tortilla shops and convenience stores, working hard to earn money and create better opportunities for themselves and their families. This is the group’s second loan cycle with Kiva.

Maria, 27, is the group’s treasurer. Together with her mother, Maria prepares tamales and other snacks. They sell their recipes at the market and also to neighbors in the community. With this Kiva loan, Maria hopes to invest in pots, a blender and ingredients to make even more dishes. With these purchases, Maria can increase her supply to meet the growing demand for her food.

Maria and the other women in her Trust Bank work with Kiva’s field partner, Friendship Bridge, to access credit. Friendship Bridge also has a program, Microcredit Plus, which pairs credit with education and health services. The program seeks to empower women across the most important areas of their lives so they can take advantage of any opportunity that comes their way. Microcredit Plus teaches clients like Maria how to invest their funds wisely into their businesses and also provides workshops on nutrition, self-esteem, and other topics that women need to overcome poverty.

Thank you for believing in Maria and the “Bordadoras”!