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Total loan: $4,500

El Bosque Group

Retalhuleu, Retalhuleu, Guatemala / Food

El Bosque Group's loan finished fundraising, but these other borrowers need your support

A loan helped to purchase ingredients for her sweet confections business.

El Bosque Group's story

Traditional sweets in Guatemala are made from guavas, squash, figs, sweet potato, coconut, peanuts, sesame and unrefined sugar. This is the business that Faustina, a 48-year-old married member of the Friendship Bridge Trust Bank “El Bosque”, has developed.

Faustina has 6 children who are over the age of 20, and now Faustina cares for a granddaughter who is in elementary school. This busy lady is requesting her first Kiva loan to buy ingredients for her sweet confections like peanuts, pumpkin seeds, coconut, figs and sesame seeds.

There are 9 ladies in the Trust Bank, located in the department/state of Retalhuleu, who have tortilla shops, convenience stores and food businesses. Faustina, like many of the women who participate in the “Microcredit Plus” program of loans, education, and health care services, has no formal education. Along with the rest of the members of her Trust Bank, she participates in monthly educational trainings that cover the aspects of 4 subjects: business, health, family, women. Faustina shares, “In these trainings, I learn how to be more responsible, supportive and how to save some of my income.” She also learns how to prioritize expenses, budget, plan and invest.

Thank you, Kiva investors, for the vital role you play in the life of Faustina and her friends in the group. They are opening doors to a brighter and more prosperous future!