100%

funded

Total loan: $4,300

Alejandrias Santa Catarina Pal Group

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Santa Catarina Palopo, Sololá, Sololá Department, Guatemala / Retail

Alejandrias Santa Catarina Pal Group's loan finished fundraising,
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A loan helped to buy more traditional bags and clothing as well as jade jewelry at wholesale to sell.


Alejandrias Santa Catarina Pal Group's story

The president of the Friendship Bridge Trust Bank Alejandrias Santa Catarina is thirty-year-old Maria. She is a married mother of four children who range in age from one up to fourteen years. Her husband works as a driver, and his income goes to helping the family cover basic household expenses.

Maria has a traditional textiles business and says that her husband helps her with the bookkeeping end of the business. The seven other women in the Trust Bank, who live in a rural area in the department/state of Solola, have convenience stores and sell wood, traditional textiles and handicrafts.

The women receive monthly educational training designed by a facilitator and cover relevant topics such as health, hygiene, nutrition, the use of medicinal plants, as well as women’s rights and roles. They also learn about effective business practices such as budgeting, planning, and investing. Every other month, the women have access to basic health care services. Friendship Bridge calls the combination of loans, education and health care “Microcredit Plus.”

Maria’s small town attracts many tourists, so Maria wants to expand her inventory of colorful traditional textiles and jewelry. She is requesting her second Kiva loan to buy more traditional bags and clothing, as well as jade jewelry at wholesale to sell.

Thanks to her income, Maria is able to send her three older children to school. She shares, “We would not be able to have our businesses without the help of Kiva investors. Thank you!”