100%

funded

Total loan: $3,450

La Buena Fe Group

Flag of Guatemala
Chicacao, Suchitepéquez, Suchitepequez, Guatemala / Retail

La Buena Fe Group's loan finished fundraising,
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A loan helped to buy eggs, dairy products, coffee, sausages, seasonal fruit, and other supplies at the wholesale level.


La Buena Fe Group's story

Neighborhood “tiendas” or convenience stores are found everywhere in Guatemala. Many times these little stores will occupy an available room in a house. They supply basic staples to those in the neighborhood. Floridalma, a 50-year-old married mother of seven children ages 14 to 35, has such a store in a rural area in the department state of Suchitepequez.

She is a member of the Friendship Bridge Trust Bank “La Buena Fe.” Although she doesn’t know how to read or write, she runs her store successfully. She supplies her store with the items that her customers need including fresh seasonal fruit. Floridalma is requesting her first Kiva loan to buy eggs, dairy products, coffee, sausages, seasonal fruit, and other supplies at the wholesale level.

Floridalma is one of 14 ladies in the Trust Bank and looks forward to the monthly meetings. The women are proud of their businesses that include convenience stores, the sales of corn, fertilizer, and traditional typical foods. They learn to plan, budget, invest, and save at their monthly meetings. They also learn about other relevant topics like health, family matters and women’s issues. A Facilitator from Friendship Bridge designs the educational segment of their meetings and uses role playing, games, pictures, and diagrams to share the information.

It would be impossible for Floridalma and her friends to take out a loan in any banking institution in Guatemala. Thank you to Kiva investors for believing in them and for funding their loans!