Total loan: $2,700

Las Princesas De Soch Group

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Chicaman, El Quiche, Quiché Department, Guatemala / Food

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

A loan helped to buy several bags of corn and beans.

Las Princesas De Soch Group's story

Buying basic grains is essential in Guatemala, especially corn, beans and rice. That is why many people work selling those grains in order to have a source of income and to support their families.

Virginia, 42 years old, is married. Even though she didn't get a formal education, she has a great ability for businesses. She has 8 children, who are aged from 4 to 25 years old. Two of them are in school.

During the week she sells basic grains in different places near her community. Thanks to the profits from her business, Virginia is able to help her spouse with the expanses of the household and offer better life conditions to her children. Virginia is requesting her second loan with Kiva, to buy several bags of basic grains and get better prices, so then to be able to resell them.

Seven are the women who make up the communal bank Las Princesas De Soch. They all live in a rural area in the state of Quinche. They have different businesses: poultry, production of traditional textiles and selling of basic grains. These women have learned to manage their businesses better thanks to the monthly trainings provided by the program Microcrédito Plus of Puente de Amistad. Topics like planning, budget preparation and investment are vital for the development of their businesses.

Kiva's lenders, allied with Puente de Amistad, are important for Virginia's and her fellows' development. Thank you!