Total loan: $4,725
Madres Laboriosas Group
San Pedro Yepocapa, Chimaltenango, Chimaltenango, Guatemala / Food
Madres Laboriosas Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped Olga wants to buy gas, a stove with a grill, as well as corn for her expanding business.
Madres Laboriosas Group's story
Small tortilla shops are found everywhere in the Western Highlands of Guatemala. Tortillas are made 3 times daily and are delicious and often still warm when bought. Olga, a member of the Friendship Bridge Trust Bank “Madres Laboriosas” or “Hard Working Mothers”, is 34 years old and a divorced mother of 4 children who range in age from 5-17. She has 4 years of formal education. Thanks to the popularity of her tortilla shop, it is time to enlarge the business. Olga is requesting a KIVA loan to buy gas, a stove with a grill, as well as corn at the wholesale level. There are 7 other ladies in the Trust Bank that is located in a rural area in the department/state of Chimaltenango. They have businesses selling fruit, chickens, tortillas and clothing. They look forward to their monthly meetings when they make loan payments and participate in educational trainings, part of the “Microcredit Plus” program of loans, education and health care services. Topics are relevant to their lives and the women learn about healthy habits, good nutrition and hygiene, and gain effective business management tools. They also learn how to value themselves and raise their self esteem. Every other month, the ladies have access to basic health care services. Olga and her friends are poised to step into a brighter future because of their determination, hard work, as well as the “Microcredit Program” and participation of KIVA investors. Thank you to each of you for your generosity and your kindness!