100%

funded

Total loan: $4,400

Chicua Tercero Group

Chichicastenango, Departamento El Quiche, Quiché Department, Guatemala / Arts

Chicua Tercero Group's loan finished fundraising, but these other borrowers need your support


A loan helped to buy various colors of high quality thread.


Chicua Tercero Group's story

“Chicua Tercero” is what 7 Maya K’iche ladies, who live in the department/state of Quiche, have named their Friendship Bridge Trust Bank. They meet monthly to offer each other support, make loan payments and participate in educational trainings, part of the Microcredit Plus program of loans, education and health care. The educational sessions are vital to their success and they acquire basic business tools (planning, budgeting, investing), learn to better support their families (nutrition, health, hygiene) and empower themselves (self esteem, women’s rights/roles). They are beginning their 2nd loan cycle.

In Quiche, there is a big demand for traditional handicrafts and textiles. The ladies in the Trust Bank work with backstrap looms and floor looms to make all kinds of colorful textiles. One of them is 22 year old Rosenda who is the married mother of a 2 year old son. She lives in a humble adobe house with a sheet metal roof. Flowers and corn surround the home. In her front patio, Rosenda has a backstrap loom where she weaves colorful traditional blouses called “huipiles”. She sells them in her local market and with the income, is able to buy food for the family. Rosenda is requesting a KIVA loan to buy various colors of high quality thread.

Being able to access credit is next to impossible for Rosenda and her friends. Thank you, KIVA investors, for funding their much appreciated loans!