100%

funded

Total loan: $4,925

Estrellas De Paquixiq 2 Group

Santa María Chiquimula, Totonicapán, Totonicapán Department, Guatemala / Arts

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A loan helped in the purchase of varieties of the finest yarn for huipiles embroidery and to stock her store.


Estrellas De Paquixiq 2 Group's story

The Communal Bank "Estrellas de Paquixiq 2" is located in the high and cold mountains of the Department of Totonicapán. Maya K'iche 'descent is the 10 women that make up the group. These women have the common goal of being agents of development and change in their homes. They have small businesses like the embroidery of traditional blouses and stores of daily consumption. Women who have textile businesses, use racks and colorful fabrics to sew with the technique of cross or knot and thus design new blouses.

Elba, 37, is president of the group. She studied 4 years. She is the mother of 4 children aged 6-18. The children of Elba are receiving education in the 1st, 3rd and 8th grades. Elba has two businesses a convenience store and elaboration of typical "huipiles" blouses. She needs to invest in the two businesses and the credit Kiva will use in the purchase of edible product and variety of the finest yarn.

The Microcredito Plus program of Puente de Amistad offers opportunities for intellectual growth through non-formal education talks with financial topics, preventive health, women and family. In addition, women benefit from receiving small loans, with monthly payments and a low interest rate.

Thanks to Kiva lenders women can choose paths of opportunity for themselves, their families and communities. Have a happy year people from all over the world !!