100%

funded

Total loan: $4,250

Brote De Olivo Group

Flag of Guatemala
San Pedro Yepocapa, Chimaltenango, Chimaltenango, Guatemala / Clothing

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


A loan helped to increase her inventory of pants and blouses.


Brote De Olivo Group's story

Claudia, a 28-year-old clothing store owner, has noticed an increased demand for new pants and women’s blouses lately. Her Trust Bank, “Brote de Olivo,” raised their 1st Kiva loan and now looks to solicit its 2nd. Claudia, remembering the success she had the first time, is excited to have this business opportunity with Kiva’s help. With this loan, she hopes to increase her inventory of pants and blouses for her clients.

Claudia received 9 years of education and is one of 7 women in her Trust Bank. It can be difficult for women from rural parts of Guatemala to receive an education due to the costs of schooling. Oftentimes families can't afford it, especially those living in poverty. Seeing this need for educational resources, Friendship Bridge, one of Kiva’s field partners, provides professional and personal training for Trust Bank clients. Its Microcredit Plus program hopes to empower women with business, health, and personal development workshops. This way, women who do get access to credit can use it to the fullest.

In addition to these monthly trainings, the other women in the Trust Bank play an influential role in their individual success. As a group, they support each other and keep each other accountable as they pay off their loans. This Kiva loan will help them invest in their varied businesses, from food stands, to tortilla making, to shoe stores.

Thank you for believing in these women and helping them not only access credit, but educational and health resources as well.