100%

funded

Total loan: $3,475

Bendición 1 Group

Chajul, Quiché Department, Guatemala / Retail

Bendición 1 Group's loan finished fundraising, but these other borrowers need your support


A loan helped to expand her store by buying chicken meat, sugar and plastics.


Bendición 1 Group's story

Azucena is 45 years old. She was born in a family of seven siblings, all of whom had to work during their childhood because they were poor.

She got married at the age of fifteen and has three children. Her husband works chopping wood. She received information about the Chajulense Association of Women United for Life credit opportunities through one of her sisters, who had already received credit.

She has received four loans. With the first loan, she invested in a small grocery store and the sale of plastic products. With the second loan, she invested part, once again, in a small grocery store and the sale of plastic products and began selling chicken meat as well. With her third loan, she expanded both businesses.

With this year's loan, she will expand both her businesses and will be buying chicken meat, sugar, and plastics.

Azucena feels very satisfied because each of the loans she has received have been very helpful for the growth of her business. They generate very good profits, help her give an education to her children and lets her contribute to cover family expenses.

Azucena is the leader of Bendición 1 Group integrated by six women, all of whom are of Ladino ethnicity. The group will use their loan for Agriculture (33%), Health (17%) and Retail (50%). On average, each member of the group has 5 children, the average age of the members of the group is 44 years. 83% are illiterate, and 17% did not end their Primary Education.