100%

funded

Total loan: $5,325

Corralense Group

Quetzaltenango, Quetzaltenango, Guatemala / Arts

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A loan helped to buy a wooden floor loom.


Corralense Group's story

Angelica is the secretary of the Friendship Bridge Trust Bank "Corralense" located in the cold mountains in the department (state) of Quetzaltenango. She is 40 years old and has three years of education. Her primary language is Mam and she speaks Spanish with difficulty.

Angelica makes beautiful and colorful traditional skirts "cortes" on a wooden foot loom. With 10 years in business, Angelica is very competitive in the textile market and works hard preparing her loom with the threads needed to weave a beautiful "corte." Monthly, she weaves 15 skirts.

Thanks to the income from her business, she is able to pay the university expenses of her 18-year-old son.

Angelica has several orders and for this reason she needs to get more tools for the business. She is requesting her third Kiva loan to buy another wooden loom.

There are eight other ladies in the Trust Bank who participate in monthly educational training, part of the “Microcredit Plus” program of loans, education and health care services. The ladies benefit greatly from their educational training, where they learn to manage their businesses effectively, care for their families and empower themselves. Angelica shares, “I have learned to save money in a little collection box. In case I have unexpected expenses, I can use it.”

Every other month, the women have access to basic health care services.

These ladies send their “thank yous” to Kiva lenders from all parts of the world for funding their much needed loans!