100%

funded

Total loan: $3,975

Xemanzana Group

Cunen, El Quiché, Quiché Department, Guatemala / Arts

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


A loan helped to buy colorful threads at the wholesale level.


Xemanzana Group's story

Entrepreneurial women are smart, looking for strategies to have a business that allows them to generate income and provide better living conditions for themselves and their children. Maria, is one of these women. She is 23 years old, lives with her husband, and is the mother of three children aged between 2 to 8 years. Maria works hard to help her husband meet the basic needs of their son, including the education of the two oldest. With six years of formal education, she can efficiently manage the weaving business of typical "cuts" skirts. María has two looms that are worked by two workers who weekly deliver 10 "cuts". She needs to increase the inventory of threads. Maria asks KIVA lenders for the 1st loan to buy colorful threads at the wholesale level.

María, along with 6 other Mayan K’iche ’women, make up the Puente de Amistad Communal Bank" Xemanzana "in the Department / State of Quiché. These women are getting ahead thanks to small "cut" textile weaving businesses. In Maria's words: "By having access to the loan, I also learn about strategies to generate new income and I have access to free health services." These are the benefits of Puente de Amistad's “Microcredit Plus” program.

Infused with capital from KIVA lenders, Mayan women move forward in their businesses, hoping for a prosperous future. Thank you!