100%

funded

Total loan: $2,600

Salmo 53 Group

Flag of Guatemala
San Francisco el Alto, Totonicapán, Totonicapán Department, Guatemala / Manufacturing

Salmo 53 Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!


A loan helped to buy glue and soles for her family shoe business.


Salmo 53 Group's story

Ingrid, a 34 year old married mother of 2 children (2 and 10), studied to be a teacher in high school but was not able to graduate. She is proud that her oldest son is enrolled in the 4th grade. Part of her income from her shoe business is earmarked for his education. Along with her husband, she has a workshop where boots, shoes and women’s sandals are custom made. She works with him in the mornings and also sells in the large market in the town of San Francisco El Alto. From 4:00 pm until 10 pm, she works at her “antojito” food business where she cooks delicious appetizer type regional foods. Ingrid is requesting a Kiva loan to buy glue and soles at the wholesale level.

Ingrid is one of 7 Maya K’iche ladies in the Friendship Bridge Trust Bank Salmo 53 located in a rural area in the department/state of Totonicapan. The women make canvas pants, have fresh orange juice stands, shoe workshops and small restaurants. Each month, they participate in educational trainings that cover an aspect of 4 topics: business, health, family, women. Ingrid shares that she especially appreciated learning about the dangers of over-indebtedness and how to best use her loan. Every other month, the women have access to basic health care services. The combination of loans, education and health care services is called Microcredit Plus.

Ingrid and her friends are most appreciative to participate in this program. Thank you, Kiva investors!