Total loan: $725

Escuela Vieja Group

Chocolá, San Pablo Jocopilas, Suchitepéquez, Suchitepequez, Guatemala / Food

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A loan helped to buy flour, eggs, butter, and sugar for bread and wood for the oven.

Escuela Vieja Group's story

The three women in the group Escuela Vieja (Old School) live in Chocolá, San Pablo Jocopilas, Suchitepéquez, Guatemala. They range in age from 19 to 34. One is married, and two are single. One went to high school, one to sixth grade, and one only through first grade. Their businesses all are related to food: one bakes bread, and two make tortillas and other food that they sell from their homes.

They are starting their first cycle with the Namaste Creating Prosperity Program. They were recommended to Namaste by members of another group, and they are eager for the financial literacy classes and personal business advice that their friends have told them about. They want to grow their business and increase their profits.

Lesbia Carolina is 34 and married with a son in middle school. She has finished high school. Three years ago, she started her business baking bread. Her customers order the type of bread they want and come to her home to pick it up. Her bread is good, and she has many regular customers.

She will use her loan to buy flour, eggs, butter, and sugar for bread and wood for the oven. Her goal for her business is to also sell cakes. Her dream is to have a larger business that will help support her extended family.

At the beginning of this cycle her monthly net profit was 1,838 Guatemalan quetzales (USD 239). She hopes to increase that to GTQ 2,418 (USD 314) by the end of this cycle.

Pictured from left to right are Lisbeth, Astrid, and Lesbia.