Total loan: $2,475

Xenacoj Group

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Sacatepéquez, Sacatepéquez Department, Guatemala / Arts

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

A loan helped to buy thread in different colors and brands.

Xenacoj Group's story

Xenacoj is the Friendship Bridge Trust Bank formed by seven Maya Kaqchikel, who live in the department of Sacatepéquez. Their livelihoods are based upon agriculture and artisan crafts. The women sell tortillas, while others have convenience stores, and traditional textiles businesses (huipiles/blouses, cortes/skirts, and fajas/belts). In order to inject much needed new capital into their businesses, the women are requesting a Kiva loan.

Albina is a member, who is 23 years old, single, and finishing her last year studying to be a primary school teacher. She generously provides her home for the Trust Bank meetings where the women repay their loans, and participate in educational trainings, part of the "Microcredit Plus" program of loans, education and healthcare. In these sessions, the ladies learn about business management, women's rights, health, and family planning. She and her friends are part of 28,000 women who benefit from the program that supports the culture and values of the mostly illiterate indigenous women of Guatemala.

Albina's business is embroidering traditional blouses that she sells in the local market. With the income from her business she pays her household expenses, as well as the tuition for her university studies. Albina needs to increase production and is requesting a Kiva loan to buy thread in different colors and brands

Thank you, Kiva lenders, for your generous support helping Albina enlarge her successful business!