Total loan: $2,425

Mujeres Cipresales Group

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Solola, Solola, Guatemala / Retail

Mujeres Cipresales Group's loan finished fundraising,
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A loan helped to buy a variety of products (milk, rice, eggs, drinks) at the wholesale level.

Mujeres Cipresales Group's story

Businesses selling textiles and items for daily consumption are popular and very profitable in the rural Department / State of Sololá for the members of the communal bank "Cypress Women."

For this reason, Julia, President of the communal bank takes advantage of the sale of blouses in the area and manages a small store for daily consumption. She is a 35-year-old woman who is married without children. Julia studied until 5th grade and is well known in the area for selling a variety of products to neighbors in her community and nearby communities.

Due to the demand of her clients, Julia wants to stock and add new products to her inventory. Therefore, she will be buying a variety of products (milk, rice, eggs, drinks) at the wholesale level. She is sure she will succeed with the first loan she is requesting from KIVA lenders. Julia plans to invest part of the profits back into her business to achieve further development.

Since Julia and her other classmates have little or no education, it is important for them to be up to date on aspects related to their leadership, business and family. These are essential tools for the success of these women.

They also want to learn more about planning, budgets and investment. Every two months, the women also access basic health services as part of the “Microcredit Plus” program offered by Puente de Amistad. This program is offered to more than 30,000 clients.

These women send greetings and thanks to KIVA lenders for their generosity!