Virgen De Guadalupe Rancho Group
Virgen De Guadalupe Rancho Group's loan finished fundraising, but these other borrowers need your support
A loan helped to invest in a special industrial “binding” sewing machine.
Virgen De Guadalupe Rancho Group's story
In the monthly meetings of her Friendship Bridge Trust Bank “Virgen de Guadalupe Rancho”, Maria has learned to plan, budget and invest. Although she lacks many years of formal education, Maria is determined and smart. She is requesting her 4th Kiva loan to buy a special industrial machine that will help attach elastic onto the clothing. With her income, Maria wants to invest in the continuing education of her children and build the business.
Maria is the secretary of her trust bank located in the department/state of Totonicapan. There are 9 Maya K’iche ladies in the group. (The boy in the photo is the son of one of the members.) The women sew clothing and also have convenience stores. They look forward to their monthly meetings when they gather together to support each other, make loan payments and participate in relevant educational sessions (business, health, family, and women). Every other month, the ladies have access to basic health care services. The effective combination of loan support, educational trainings and health care services is called “Microcredit Plus”.
Thank you, Kiva investors, for the vital role you play in the lives of these ladies!