Total loan: $5,925

San Gregorio Group

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San Lucas Tolimán, Sololá, Sololá Department, Guatemala / Arts

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

A loan helped to buy the latest designs of “cortes”, “huipiles” and “delantales” at the wholesale level.

San Gregorio Group's story

The President of the Friendship Bridge Trust Bank "San Gregorio" is 42-year-old Magdalena who is married with five children, all over the age of eight. She attended school for four years. Her children are enrolled in various schools from elementary to university. Magdalena has a traditional textile store where she sells colorful “tipica” including “cortes” or wrap around skirts, elaborate blouses or “huipiles” and ornate aprons or “delantales”. She needs to buy more clothing and is requesting a KIVA loan to buy the latest designs of “cortes”, “huipiles” and “delantales” at the wholesale level.

This is the 2nd loan cycle for Magdalena and her 10 Maya Kaqchikel friends. They live in the department/state of Solola. Each has an average of 5 children and the women want them each to have better opportunities including successful careers. They save money for their education from their businesses that include convenience stores, tortilla shops and the sales of traditional clothing. They gain effective business tools at their monthly meetings along with information about health, hygiene, nutrition and the use of medicinal plants. They also learn about empowerment and how to gain self esteem. The combination of education, loans and healthcare services is called “Microcredit Plus”.

The success of these women would not be possible if it weren’t for the generosity of KIVA investors partnering with Friendship Bridge. Thank you to each of you for your kindness in funding these essential loans!