Total loan: $525

Ajachelense Group

Flag of Guatemala
Panajachel, Solola, Guatemala / Services

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

A loan helped to buy brushes, combs, hair treatments and dyes, as well as accessories for hair.

Ajachelense Group's story

The nine dynamic ladies in the Friendship Bridge Trust Bank l “Ajachelense” live on the shores of the magnificent Lake Atitlan in the department/state of Solola. The women, who are characterized as responsible and punctual, have small businesses like second-hand clothing stores, beauty salons and sell personal care products and cosmetics, as well as tortillas and prepared foods.

They are beginning their first Kiva loan cycle, and look forward to improving and expanding their businesses. Their monthly educational trainings, part of the “Microcredit Plus” program of loans, education and health care services, is of tremendous benefit to them. The ladies learn about effective business practices like planning, budgeting and investing. They also learn about relevant topics like nutrition, hygiene and self esteem.

Matilde, a married 57-year-old businesswoman with three grown children (31-38) is the treasurer of the group, with a 9th grade education. 22 years ago, she completed her training and opened up a beauty salon. The business has grown and more and more come to her for haircuts and other services. With her earnings, she was able to send her children to school.

Matilde is requesting a Kiva loan to buy brushes, combs, hair treatments and dyes, as well as accessories for hair.

The women send their gratitude to Kiva investors for funding these much appreciated loans. They are moving forward, empowering themselves and eliminating poverty. Thank you!