Total loan: $4,825

V. San Miguel Group

Flag of Guatemala
San Cristobal Totonicapan , Totonicapán Department, Guatemala / Retail

V. San Miguel Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!

A loan helped to restock the shelves of her convenience store.

V. San Miguel Group's story

Child marriage is found in more than 50 countries throughout the world. The legal age for marriage in Guatemala is 14 with parental permission. Underage brides are everywhere and one of them was Migdalia. She married at 13 and has 3 years of formal education. Migdalia is now 32 years old and the Treasurer of the Friendship Bridge Trust Bank “V. San Miguel”.

She is a weaver of traditional wrap-around skirts or “cortes”. She shares the following “In spite of my young age when I married and my lack of formal education, I worked with my husband to have a successful textile business. Thanks to our income, we have been able to send our 2 children (16, 17) to school. We also have a convenience store that we opened 3 years ago. I feel accomplished and empowered!”. Migdalia requests a Kiva loan to buy inventory to restock the shelves of her convenience store.

There are 9 Maya K’iche ladies in the Trust Bank who live in a rural area in the department/state of Totonicapan. They need a Kiva loan to invest in their convenience stores and traditional textile businesses. The women benefit greatly from their monthly educational training, part of the “Microcredit Plus” program of loans, education and health care services. The educational sessions are vital to their success and cover an aspect of 4 topics: business, health, family, women. With the “Salud Para La Vida” program, they have access to basic health care services every other month.

Thank you, Kiva investors!