Total loan: $3,550

Las Glorias Group

Totonicapan, Totonicapan, Guatemala / Manufacturing

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

A loan helped to buy high quality lumber to fill orders for her furniture business.

Las Glorias Group's story

36-year-old Blanca, a married member of the Friendship Bridge Trust Bank “Las Glorias” in the department/state of Totonicapan, works alongside her husband in their furniture business.

Her husband makes dressers, beds, tables and doors while she sands and paints each one. Their inventory is of high quality and orders are growing daily. After planning carefully, Blanca is requesting a Kiva loan to buy high quality lumber in order to fill orders and meet future demand. She will set aside some of the income toward the present and future education of her children who are 18 months, 8 and 12 years of age.

The Maya K’iche ladies in the Trust Bank have all kinds of businesses that include small workshops where they sew tee shirts, weave traditional textiles and have furniture stores. Since they have little or no formal education, their monthly educational training, part of the “Microcredit Plus” program of loans, education and health care services, are vital to their success. Topics are relevant to their lives and drawn from four areas: business, health, family, and women. The ladies gain not only essential information but also self-confidence and feel more empowered.

It would not be possible for Blanca and her friends to walk into a local bank to secure a loan. There is no credit available for impoverished women.

Thank you, Kiva investors, for believing in these women and funding their loans!