Total loan: $2,875

Unidas De San Miguel Group

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San Miguel Escobar, Ciudad Vieja, Sacatepéquez, Sacatepéquez, Guatemala / Retail

Unidas De 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 buy shoes and cosmetics and also some food for her restaurant.

Unidas De San Miguel Group's story

The four women in the group Unidas de San Miguel live in San Miguel Escobar, Ciudad Vieja, Sacatepéquez, Guatemala. They range in age from 27 to 54. Three are married with children. One finished high school, two went to middle school, and one left school after 6th grade.

All four women sell shoes, but each sells other things as well, such as cosmetics, vitamins, or natural medicines. They are starting their third loan cycle with the Namaste Creating Prosperity Program and are eager to continue receiving financial literacy training and regular visits from a personal business adviser.

Marta Maribel is 29 years old and has two children in school and one still at home. She had nine years of school. She sells shoes from a catalog and cosmetics, and also helps her husband, a chef, with a tiny restaurant. In the previous cycles with Namaste, Marta Maribel learned to track her expenses and sales daily, to avoid losses, and to save for the future. She will use her loan to buy shoes and cosmetics and also some food for the restaurant. Her long-term goal is to have the restaurant be a profitable self-sustaining family business. Her dream is to work with her husband in a family business.

When Marta Maribel started with Namaste, her monthly net profit was 2,397 Guatemalan Quetzales ($311). At the beginning of this cycle, it was Q. 4,835 ($628). She hopes to increase that to Q. 5,895 ($766) during this cycle.

Pictured from left to right: Enma, Marta, Lesly, and Jenifer.