100%

funded

Total loan: $3,850

Margaritas De Chixocal Group

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Zacualpa, Quiché, , Guatemala / Arts

Margaritas De Chixocal Group's loan finished fundraising,
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A loan helped to purchase a floor loom for her weaving business.


Margaritas De Chixocal Group's story

Yomara is 43 years old, married and the mother of 2 children (5, 22). She is very proud to be able to provide a formal education for both of them. Her eldest attends high school and her youngest is in kindergarten. Since education is not free in Guatemala, Yomara has several income-producing businesses - wood warehousing and sales, sausage making, and a sewing workshop. She is determined to support their education. She is requesting her 1st Kiva loan to invest in a new business weaving traditional "cortes" (wrap-around skirts). She wants to buy a floor loom to weave the skirts because they are very salable and the best income generator in her community.

Along with 6 other Maya K'iche women, Yomara belongs to the Friendship Bridge Trust Bank "Margaritas de Chixocal" located in a rural area of the department of Quiché. Together, they attend monthly meetings to participate in educational trainings that help increase their self-esteem, as well as helping them learn business skills like budgeting, planning and investing. Because Yomara attended school through 6th grade, she is very aware of the value of her "Microcredit Plus" education. She also values the sessions on family issues (nutrition, hygiene, use of medicinal plants, preventive health). Yomara shares that with this knowledge, she and her friends can invest wisely in their textile businesses, wood warehouses and animal husbandry.

The women of "Margaritas de Chixocal" are very grateful to Kiva investors!