100%

funded

Total loan: $2,200

El Retorno Group

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Antigua Guatemala, Sacatepéquez, Sacatepéquez Department, Guatemala / Food

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


A loan helped to buy a large oven and ingredients for baking bread.


El Retorno Group's story

The four women in the group El Retorno live in different parts of the Municipality of Antigua Guatemala, Sacatepéquez, Guatemala. They range in age from 38 to 48. Two are married. One is separated. One has a sixth-grade education. The other two have graduated from high school. They have all participated in the Namaste Creating Prosperity Program, in other groups or individually, for a number of cycles, and have now joined together in this group to continue their work with Namaste. Their businesses include making and selling bread and baked goods, formulating and buying and selling beauty products, and a store selling daily necessities. Carmen Alicia is 48, married with two children who are currently studying at the university. She graduated from high school. For eleven years she has had a business making and selling bread. She is starting her seventh cycle with the Namaste Creating Prosperity Program. She will use her loan to buy a large oven and ingredients for baking bread. Her goal is to have her own bakery shop and to make enough profit to eventually attend the university herself. When she started with Namaste her monthly net profit was 600 Guatemalan Quetzales ($78). Before the pandemic she had raised that to Q4,192 ($544) but because of Covid-19 she ended the previous cycle with her profit reduced to Q2049 ($266). She hopes now to increase that to Q5,150 ($669) by the end of this cycle. Pictured from left to right: Maria, Alva, Wendy and Carmen.