100%

funded

Total loan: $4,300

San Francisco Group

Solola, Solola, Guatemala / Arts

San Francisco Group's loan finished fundraising, but these other borrowers need your support


A loan helped to buy dyes and a large quantity of thread at the wholesale level.


San Francisco Group's story

Sandra is one of 10 women who participate in the Friendship Bridge “Microcredit Plus” program of loans, education and healthcare services. She is 20 years old, married and the secretary of the “San Francisco” Trust Bank. Sandra does not have children yet but she is planning ahead, working hard at her traditional textile business and saving for the future. Each week, she dyes four pounds of thread for the colorful traditional textiles. Currently, Sandra is requesting her first Kiva loan to buy dyes and a large quantity of thread at the wholesale level.

Sandra is one of 10 women in the Trust Bank located in a rural area in the department/state of Solola. All of the ladies have beaded jewelry businesses or traditional textile businesses. They continue to learn about how to manage their businesses (planning, budgeting, investing), care for their families (health, hygiene, nutrition) and themselves (empowerment, self esteem, women’s health) at their monthly meetings. Since they have little or no formal education, these sessions are essential to their success. Sandra was able to go to school through the fifth grade and appreciates being able to learn at the meetings.

It would be impossible for these women to walk into a bank to secure a loan. Kiva investors, partnering with Friendship Bridge, fill an important role in their lives. Thank you to each of you!