Total loan: $4,225

Las Almendras Group

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Chicacao, Suchitepéquez, Suchitepequez, Guatemala / Agriculture

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

A loan helped to buy a variety of seeds, bags, and soil so that she can develop and enlarge the business.

Las Almendras Group's story

The state/department of Suchitepequez is known for almond orchards and is reflected in the name that 10 ladies have given to their Friendship Bridge Trust Bank “Las Almendras” or “The Almonds”. Their average age is 30 and they have an average of five children. Each woman has a small business to help with the education of her children and to cover household expenses. They raise animals, make clothing and tortillas and have plant nurseries. This is their first Kiva loan. They are very excited!

Mildred, a 26-year-old married mother of three children (4 months to 8 years old) is a member of the group whose oldest son is in the second grade. Mildred has a sixth grade education. She has a plant nursery and is requesting a Kiva loan to buy a variety of seeds, bags, and soil so that she can develop and enlarge the business.

These women benefit greatly from the “Microcredit Plus” program of Friendship Bridge that combines loans (often provided by Kiva lenders), educational trainings (business, health, women, family) and healthcare services. Because they have little or no formal education, they empower themselves, raise their self esteem, become better business women (budgeting, planning, investing, savings) and more knowledgeable mothers (nutrition, hygiene, health). These are some of the topics covered in their monthly meetings.

The success of Mildred and her friends would not be possible without the generosity and kindness of Kiva lenders from all over the world. Thanks to all of you!