100%

funded

Total loan: $4,450

Arca Del Saber Group

Patzun, Chimaltenango, Chimaltenango, Guatemala / Arts

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A loan helped Jessika to purchase new inventory of traditional textiles to resell.


Arca Del Saber Group's story

Jessika, a 27-year-old Maya Kaqchikel and single mother of a 6-year-old son, lives with her parents. She completed her high school studies with a degree in accounting.

Jessika sells traditional textiles. With her income, she helps out with household expenses, as well as the education of her son. It is time for her to restock her inventory. She is requesting a Kiva loan to buy high quality beautiful blouses, or 'huipiles', wrap-around skirts, or 'cortes', and ornate belts, or 'fajas'. These are all proudly worn by the women in her area, in the department/state of Chimaltenango.

Jessika, along with 7 other ladies, is a member of the Trust Bank “Arca del Saber”. They meet monthly to make loan payments and to participate in educational trainings. Jessika shares, “a facilitator shares information with us about business management, and how to budget in order to invest wisely in our businesses. We have small tortilla shops, and sell firewood and traditional textiles.” The women also learn about family matters (nutrition, hygiene, health) and women’s issues (women’s roles/rights/empowerment, self esteem). The useful combination of loans, education, and healthcare services is called “Microcredit Plus”. Other “Plus” services available to some of the women are advanced trainings.

It would be impossible for these women to access a loan in a bank. Thank you, Kiva investors, for funding these much appreciated loans!