Total loan: $525

El Tren Group

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Jocotenango, Sacatepequez, Sacatepéquez, Guatemala / Retail

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

A loan helped to buy beauty supplies.

El Tren Group's story

The three women in the group El Tren (The Train) live in Jocotenango, Sacatepéquez, Guatemala. They range in age from 46 to 53. They have long time businesses selling beauty supplies, selling natural medicine, a small store, and a grinding mill. However, because Covid 19 has severely reduced their sales, they have added other businesses such as selling food. They are starting their fourth cycle in the Namaste Creating Prosperity Program and are looking forward to another month of financial literacy classes and more monthly personal sessions with a business advisor. All three believe that their work with Namaste has allowed them to improve their businesses and has kept them going during this difficult time.

Dina Iracema is 52 years old, married with two children, one married and one in the last year of high school. She studied to be a primary school teacher but 14 years ago started her business selling beauty supplies. She will spend her loan money to buy beauty supplies.

When she started with Namaste her monthly net profit was 2,600 Guatemalan Quetzales ($338). At the beginning of the previous cycle, it was Q6,703 ($871). But due to the impact of Covid 19 she ended her third cycle at Q2,100 ($273).

Pictured from left to right: Dina, Blanca, and Josefina.