Total loan: $3,850
Xebalanguac Tercero Group
Joyabaj, Quiché, Quiché Department, Guatemala / Agriculture
Xebalanguac Tercero Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped Yolanda shares: "KIVA's 3rd loan will help me buy 1 cow.
Xebalanguac Tercero Group's story
The climate in the department / state of Quiché is varied in some temperate and other warm areas. Yolanda integrates the Community Bank of Friendship Bridge “Xebalanguac Tercero”. She lives in a rural area in a humble dwelling built with block walls and reed roof. She is 26 years old, has no education but started the animal breeding business years ago (cows, bulls, pigs, chickens). With this business, Yolanda supports her husband who is a farmer with household expenses. Although she only has a 9-month-old daughter, she strives to build a better future for her family. (The child in the picture is the borrower's son). Yolanda shares: "KIVA's 3rd loan will help me buy 1 cow. I want to vary the business and also sell milk and prepare cheese and cream. With this capital I am sure I will make it." There are 7 women who wear the colorful typical costume, speak the K’iche ’Mayan language, and are part of this communal bank. They are eager to receive this loan, to invest in small farms (poultry, livestock, pigs) and stores for daily consumption. In monthly meetings, they learn about effective business practices such as budgeting, planning, investment and savings. They also learn about the dangers of overindebtedness. Other issues come from 3 areas: health, family, women. Every 2 months, women have access to health services. Puente de Amistad calls the combination of loans, education and medical care "Microcredit Plus". Thanks to KIVA lender!