Total loan: $2,625
Las Margaritas Comalapa Group
San Juan Comalapa, Chimaltenango, Chimaltenango Department, Guatemala / Arts
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A loan helped to buy all kinds of everyday items as well as an industrial stove with a grill, firewood and corn.
Las Margaritas Comalapa Group's story
Searching for a way to empower themselves and eliminate poverty, Dilia, along with 6 other women, formed the Friendship Bridge Trust Bank “Las Margaritas Comalapa”. They live in the department/state of Chimaltenango. The ladies have various businesses that include convenience stores, tortilla shops, corn or “nixtamal” mills and traditional textile businesses. Their dream is to enlarge their businesses and offer their customers the best products and services. This is their 3rd KIVA loan cycle. Dilia is a busy woman with 8 children all over the age of 18 years. She has a popular convenience store where she sells beans, coffee, corn, dairy products, eggs, sausages and sugar. Dilia has planned and budgeted carefully. She is going to open a new “tortilleria” making fresh, hot tortillas 3 times daily. She is requesting a KIVA loan to buy all kinds of everyday items as well as an industrial stove with a grill, firewood and corn. Dilia and the ladies in her group have little or no formal education. They benefit greatly from their monthly educational trainings, part of the “Microcredit Plus” program of loans, education and health care services. Topics for these trainings are relevant to their lives and they gather much needed business tools like budgeting, planning and investing. They also learn to prioritize expenditures and save. Often the women share information about health, hygiene and nutrition with extended family and friends. Thank you, KIVA investors!!