100%

funded

Total loan: $2,875

Las Esmeraldas Group

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Totonicapan, Totonicapan, Guatemala / Agriculture

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


A loan helped to buy some calves, as well as feed for them at the wholesale level.


Las Esmeraldas Group's story

Seven Maya K’iche ladies who live in the Department/State of Totonicapan, are members of the Friendship Bridge Trust Bank “Las Esmeraldas”. They weave traditional textiles (cortes or wrap around skirts), sell 2nd hand clothing (shirts, sweaters, jackets), raise cattle or have small tailoring shops.

Because of their monthly educational lessons that sometimes include basic business practices, they will put a new loan to good use. This is their 2nd KIVA loan cycle.

Angelica is the president of the group, is married, 33 years old, has 5 children, and raises cattle. She would like to expand the herd and plans to buy some calves, as well as feed for them at the wholesale level. Angelica only has a 2nd grade education but realizes the positive impact that it has for her children. She will set aside some of her income for their education.

The ladies who participate in the “Microcredit Plus” program (loans, education, healthcare) have an average of 2.6 years of formal education. They benefit greatly from their monthly educational trainings that teach them about themselves (self esteem, empowerment, family planning), their families (nutrition, hygiene, health) and their businesses (planning, investing, savings). They are designed by a facilitator who uses pictures, diagrams, games and role playing to share the information. The women are eager to learn!

Thank you, KIVA investors, for the important role you play in the lives of Angelica and her friends. You are much appreciated!