Total loan: $1,950

Parraxe Group

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Samayac, Suchitepèquez, Suchitepequez, Guatemala / Food

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

A loan helped to buy additional chocolate and coffee beans.

Parraxe Group's story

The group Parraxe consists of three women, all of whom are involved with the sale of coffee and chocolate. They live in Samayac, Suchitepéquez, Guatemala. The group is starting their second cycle with the Namaste Creating Prosperity Program. They are eager to continue learning from their Business Advisor and they look forward to receiving the next set of financial literacy classes.

Maria Herlinda is the president of the group. She is 47 years old, single and has three children, two grown and one in middle school. She has a third-grade education. Her business is selling chocolate and coffee in different markets in her area. She has specialized in making artisanal chocolate with different flavors.

Her business goal is to learn more about making chocolate and to have her own vehicle. Her personal dream is for her young daughter to graduate and have a good job. During her last cycle with Namaste she learned about tracking her sales and expenses in a notebook. Her Business Advisor also recommended that she increase her sales by adding new flavors and sending her products to other markets.

Her monthly net profit when she started with Namaste was 1885 Guatemalan Quetzales. At the beginning of this cycle it was Q. 3735 and she hopes to reach Q. 4955 by the end of this cycle. She will use her loan to buy additional chocolate and coffee beans.

From left to right: Maria, Irma and Manuela.