Total loan: $725

Las Casitas Group

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San Pablo Jocopilas, Suchitepéquez, Suchitepequez, Guatemala / Retail

Las Casitas Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!

A loan helped to increase her stock of perfumes, creams and makeup.

Las Casitas Group's story

The three women of the group Las Casitas live in Aldea Chocola, San Pablo Jocopilas, Suchitepéquez, Guatemala. They range in age from 20 to 31 and have businesses selling clothing and cosmetics.

They are starting their second cycle with the Namaste Creating Prosperity Program. They have had months of financial literacy classes and personal visits from a business advisor who has helped them with making business decisions. They are now eager for more months of training.

Glendy Mishell is the president of the group. She is 21 years old, single and has a high school education. She started her business four years ago in order to earn money to continue her education and to help out with family expenses. She sells cosmetics, beauty supplies and various kinds of soaps.

During the first cycle, she learned about keeping track of her sales and expenses in a notebook and about keeping her business money and personal money separate. She also learned to plan her purchases and to buy the things that sell best.

When she started with Namaste, she had a monthly net profit of 1,840 GTQ. By the end of the first cycle, she had increased that to 2,612 GTQ. And she hopes to increase it to 3,454 GTQ by the end of this cycle.

She will use her loan to increase her stock of perfume, creams and makeup. Her goal is to grow her business and to continue her studies.

From left to right: Wendy, Petrona and Glendy.