100%

funded

Total loan: $2,925

Jicaras Group

Flag of Guatemala
San Bartolomé Jocotenango, Quiche, Quiché Department, Guatemala / Retail

Jicaras Group's loan finished fundraising,
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A loan helped to buy products at the wholesale level like rice, pasta and fruit to make delicious icy confections and chocolate.


Jicaras Group's story

Small convenience stores offering items for daily use, cleaning products, as well as fruits and vegetables are quite popular in Guatemala. 36-year-old Catarina, the President of the Friendship Bridge Trust Bank “Jicaras”, has just such a store.

She uses part of her income towards the education of her 4 children (5-16). Now, after careful budgeting, Catarina is requesting a Kiva loan to expand her inventory and with a Kiva loan, she will succeed. She plans to buy products at the wholesale level like rice, pasta, fruit to make delicious icy confections and chocolate. She anticipates very positive results including increased income.

There are 8 Maya “K’iche” women in the Trust Bank, who live in the state of Quiche. They visualize a brighter future and having enough income to support the needs of their families including the educational expenses of their children. They have convenience stores, small cattle farms and sell icy treats. This is their 2nd Kiva loan.

Catarina and her friends gather together monthly for their meetings when they make prompt loan payments and then participate in educational trainings, part of the “Microcredit Plus” program of loans, education and healthcare services. They gather business tools like budgeting, planning, investing and savings, learn about health, hygiene, nutrition and the use of medicinal plants. They also gain self-esteem and become more empowered.

Thank you, Kiva investors for extending a helping hand!