100%

funded

Total loan: $800

Sector Santay Group

Pueblo Nuevo, Suchitepequez, Suchitepequez, Guatemala / Clothing

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


A loan helped to buy corn for tortillas and more clothing.


Sector Santay Group's story

The three women of the group Sector Santay live in Pueblo Nuevo, Suchitepéquez, Guatemala. Their businesses include clothing sales and food sales. They are all in their 20’s, two are married, and one is single. Their education ranges from 4th grade to some middle school. They are starting their third cycle with the Namaste Creating Prosperity Program. They have had financial literacy classes and personal advice from a business advisor.

Carmen Nohemi is the president of the group. She is 27 years old, has a sixth-grade education, and is married with two small children. Her business is buying secondhand American clothing and modifying it to add value. She has taken some sewing classes and her clothing is quite popular. She has also started making and selling tortillas for additional income in this era of sheltering in place. In previous cycles she learned to track her sales and expenses, organize her inventory, and provide good customer service.

She will use her loan to buy corn for tortillas and more clothing. Her business goal is to add more food products and to also sell new clothing. Her personal goal is to improve her house. When she started with Namaste her monthly net profit was 1,474 Guatemalan Quetzales ($191). At the beginning of this cycle it was Q 6,120 ($795). She hopes to increase that to Q 7,740 ($1005) by the end of this cycle.

Pictured from left to right: Carmen, Yojana and Gelen.