100%

funded

Total loan: $4,525

Mujeres De Progreso Group

Flag of Guatemala
San Pedro Yepocapa, Chimaltenango, Chimaltenango, Guatemala / Retail

Mujeres De Progreso Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!


A loan helped to buy more basic items to restock her convenience store.


Mujeres De Progreso Group's story

Life in rural areas of Guatemala is extremely difficult. Margarita, 66 years old, is married and has six children now aged 32-46. She had two other children who died due to a lack of access to basic health services. It is also very expensive to pay for hospital care.

Margarita and her husband struggled to provide a better quality of life for their family, so 10 years ago, to generate more income, Margarita opened a convenience store that is growing. She also sells personal care products.

Margarita is a member of the Friendship Bridge Trust Bank "Mujeres de Progreso", located in the Department of Chimaltenango. She speaks Maya Kakchiquel. The other 6 members speak the official language - Spanish. They have businesses selling firewood or a delicious regional snack called “chuchitos”, as well as convenience stores.

The women meet monthly to make loan payments and then participate in educational sessions provided by a facilitator in the "Microcredit Plus" program of small loans, education, and healthcare. Using diagrams, games, and role-playing, the facilitator helps the women learn to successfully manage their businesses, take care of their families better and develop good health and hygiene habits.

Now Margarita needs to restock her shelves and offer her customers a larger variety of products. Her portion of the group's 4th Kiva loan will be used to buy more basic items for the store.

Thank you, Kiva investors, for your trust and support!