100%

funded

Total loan: $2,950

Las Rosas De Guadalupe Group

Sacapulas, Quiche, Quiche, Guatemala / Arts

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A loan helped to buy more cane rods to weave baskets.


Las Rosas De Guadalupe Group's story

There are over 30,000 underserved Guatemalan women who participate in the “Microcredit Plus” program of Friendship Bridge (loans, educational trainings, health care services). They have little or no formal education.

Isabel is one of these women who was not able to attend school as a child. She is 59 years old, married and has seven children all of them are over 22 years of age. The older children were able to go to school until the 6th grade while the younger ones received their accounting certificates.

For 20 years, Isabel has worked with her husband weaving straw baskets. She can sell three dozen baskets each week. The couple also has a small farm where they grow peanuts. Isabel is requesting a loan to buy more cane rods to weave baskets. There are seven Maya “Sacapulteco” women in the Trust Bank called “Las Rosas de Guadalupe” in Quiché. Isabel is also member of the group. The group lives in a community where even a paved road is an hour away. The women raise chickens and pigs, weave baskets and farm beans, corns, and peanuts.

The group members support each other. In their monthly meetings, the members make loan payments and learn about effective business practices, good health habits, women’s rights and roles, as well as other informative topics. Recently, they learned about the dangers of over-indebtedness and the importance of making prompt loan payments. Every other month, the members have access to basic health care services.

Huge thanks to Kiva investors, for believing in these women and funding their loans!