100%

funded

Total loan: $5,025

Nueva Esperanza Group

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San Cristobal Totonicapan , Totonicapán Department, Guatemala / Arts

Nueva Esperanza Group's loan finished fundraising,
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A loan helped to buy more thread, fabric, and dyes at the wholesale level.


Nueva Esperanza Group's story

“Nueva Esperanza,” or “New Hope,” is the name that 10 Maya K’iche ladies, who live in the department/state of Totonicapan, have given to their Friendship Bridge Trust Bank. Their objective is to contribute to household expenses and educate their children. They raise animals and have traditional textile businesses. The women are beginning their 5th Kiva loan cycle.

Santa, a married 40-year-old mother of 3 children (14-18), is a member of the group with 6 years of formal education. She and her husband have a textile business and weave backpacks, beautiful aprons, and traditional wrap-around skirts called “cortes.” Santa wants to increase production and is requesting a Kiva loan. She will use it to buy more thread, fabric, and dyes at the wholesale level. She looks forward to weaving more traditional textiles in the latest styles.

The monthly educational trainings have benefitted Santa in her personal, family, and business lives. She has learned about topics like pregnancy care and women’s rights. Other topics include nutrition, hygiene, health, and using medicinal plants. Her self esteem has improved with her new knowledge. She shares, “I like to listen to the information that is shared in our Maya K’iche language in our monthly meetings because I am able to understand and see how important it is to learn.” The combination of loans, education, and healthcare services is called “microcredit plus.”

Thank you, Kiva investors, for believing in women like Santa and her friends!