100%

funded

Total loan: $5,575

Emanuel Group

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Sacatepéquez, Sacatepéquez Department, Guatemala / Arts

Emanuel Group's loan finished fundraising,
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A loan helped to buy a variety of threads, fabrics and new “huipiles” designs.


Emanuel Group's story

For many women who are clients of Puente de Amistad, getting ahead and fighting poverty is helped by joining forces with their husbands. This has been experienced by one of the members, Aura, of the Community Bank of Friendship Bridge "Emanuel."

Aura is 23 years old and lives with her husband and 18-month-old son. Aura's husband is a cook in a restaurant. Four years ago, she began embroidering textiles and selling traditional clothes. Aura knows that this business is very profitable because where she lives in the Department (state) of Sacatepéquez, the population is Mayan Kaqchikel and they wear the colorful typical costume. She is applying for her third Kiva loan to increase her business inventory. Aura will buy a variety of threads, fabrics and new designs of typical “huipiles” blouses.

Aura and the other nine women of this communal bank realize the benefits of accessing small loans, along with educational training and health care services. This is part of the “Microcredit Plus” program of Puente de Amistad. Because they have little or no formal education, these trainings on business, health, hygiene and nutrition are important. Aura says, "The issue of administration has been very useful for me to have a better control in the business." Women implement this knowledge in small textile businesses, the sale of traditional clothing, the sale of vegetables, and shops for daily consumption and tortillerías.

Kiva lenders are very important in financing these loans.