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Total loan: $4,425

Margaritas Chimaltecas Group

Chimaltenango, Chimaltenango, Guatemala / Clothing

Margaritas Chimaltecas Group's loan finished fundraising, but these other borrowers need your support

A loan helped to buy a variety of clothing, shoes, and popular personal care products including shampoo and soap.

Margaritas Chimaltecas Group's story

Silvia, a 46 year old divorced mother of a 14 year old son, is a member of the Friendship Bridge Trust Bank “Margaritas Chimaltecas” located in the department/state of Chimaltenango. Most of the 10 ladies in their Trust Bank, like Silvia, speak Spanish. With the income from her businesses, Silvia supports her son and two grandchildren with their household needs and educational expenses. She sells second hand clothing and shoes, as well as personal care products. Silvia is asking Kiva investors for a loan to buy a variety of clothing, shoes, and popular personal care products including shampoo and soap.

Silvia and her friends look forward to their monthly meetings when they make prompt loan payments and then participate in educational trainings that give them essential tools for their progress and success. The topics for these sessions are relevant to their lives and include information about business practices, healthy habits, nutrition, hygiene and the use of medicinal plants. They also gain self esteem and empowerment in the process. Friendship Bridge calls this successful combination of loans, education, and healthcare services “Microcredit Plus” and it works!

KIVA investors play an essential role in this process. Thank you to each of you for stepping up to the plate and funding these much appreciated loans!