Total loan: $775

Escuela Nueva Group

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

Escuela Nueva 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, rice, beans, eggs, snacks and disinfectants.

Escuela Nueva Group's story

The three women in the group Escuela Nueva live in Aldea Chocolá, San Pablo Jocopilas, Suchitepéquez, Guatemala.

They range in age from 27 to 55. Two are married. One is a widow. One has a high school education. One went to middle school. One to 5th grade. Two have small stores selling daily necessities. The third sells plasticware and gifts.

They are starting their first cycle with the Namaste Creating Prosperity Program. They will have financial literacy classes and receive business advice from a personal business advisor. They are looking forward to learning how to better manage their businesses and to increase their profits.

Sara Elizabeth is 27, married with a pre-school age son. She went to middle school. For six years she has had a small store in her home from which she sells daily necessities, food, paper goods, soap, etc. She will use her loan to buy corn, rice, beans, eggs, snacks and disinfectants. Her goal is to someday be a distributor and sell wholesale.

Her monthly net profit is 1,815 Guatemalan Quetzales ($237). She hopes to increase that to Q2,575 ($337) by the end of this cycle.

Pictured from left to right: Matilde, Sara and Reina.