100%

funded

Total loan: $1,925

Altas Llanuras Group

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Pochol, Nahualá, Sololá, Sololá Department, Guatemala / Clothing

Altas Llanuras Group's loan finished fundraising,
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A loan helped to buy skirts, blouses, and belts in styles that sell well.


Altas Llanuras Group's story

The three women in the group Altas Llanuras (High Plains) live in the Pochol area of Nahualá, Sololá, Guatemala. All three are married with children, wear traditional clothing, and speak both the Mayan language Quiche and Spanish. They range in age from 22-40. Their education ranges from no school through middle school. Their businesses are all involved in selling traditional clothing.

They are starting their fourth cycle with the Namaste Creating Prosperity Program. They have learned a lot from the financial literacy classes and their personal business advisor.

Magdalena Teresa is 22 years old. Her business is buying traditional clothing in the nearby city of Quetzaltenango and selling it in her town. Among the things she has learned from her work with Namaste is to budget and plan, to sell a wider variety of products, and to track her sales and expenses.

Her business advisor also recommended she make and sell lunches since Covid-19 has reduced her clothing sales. She will use her loan to buy skirts, blouses, and belts in styles that sell well.

When she started with Namaste her monthly net profit was 1,600 GTQ ($208). At the start of the previous cycle, it was Q3,185 ($414), but because of the pandemic she ended up at the end of the cycle with Q2,923 ($380). She now hopes to get that back up to Q3,823 ($496) by the end of this cycle.

Pictured from left to right: Micaela, Magdalena, and Catarina.