100%

funded

Total loan: $4,025

Amistad San Juan Group

San Juan la Laguna, Sololá, Sololá Department, Guatemala / Arts

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A loan helped to buy large quantity of thread for her textile business.


Amistad San Juan Group's story

There are approximately 6 million Maya who live in Southern Mexico, Guatemala, Belize and Honduras. Guatemala recognizes 21 distinctive Mayan languages. Teresa, a member of the Friendship Bridge Trust Bank “Amistad San Juan”, in the department/state of Solola, speaks Maya Tz’utujil and with difficulty, Spanish. She, along with 3 employees, weaves bed linens in various colors and also sells personal care products via catalogue sales. She has had the business for 10 years. With her income, 59 year old Teresa was able to give her 4 grown children (18-29) a secondary education. She has various custom orders and is requesting her 3rd KIVA loan to buy a variety of thread to resupply her inventory.



There are 8 ladies in the Trust Bank who look forward to their monthly meetings when they make loan payments and then participate in useful educational trainings. They learn to manage their businesses effectively, care for their families (hygiene, nutrition, health) and empower themselves (self esteem, women’s rights/roles). The business tools that they learn about - budgeting, planning, and investing - help them with their artisan, traditional textile and selling personal care products via catalogue sales. Every other month, the women have access to basic health care services. Friendship Bridge calls the combination of loans, education and health care services “Microcredit Plus”.



These women send their gratitude to KIVA investors for funding their much needed loans!