100%

funded

Total loan: $6,425

Catalinas Group

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Santa Catarina Palopo, Sololá, Sololá Department, Guatemala / Food

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A loan helped to buy a freezer and containers for freshly caught fish.


Catalinas Group's story

Magdalena, a 48-year-old married woman and mother of five children (10-22), is a great example of someone who leaves her comfort zone and transforms her life. She shares that since she was a child, she loved watching her parents run their own business. When she married, Magdalena did not allow her husband to be the sole breadwinner in the family. Because her husband was a fisherman, Magdalena started selling seafood. "I would leave early each morning to look for seafood in a beautiful lake in a rural area of ​​the department/state of Sololá."

With her income, Magdalena sent her three oldest children to primary school while the rest continue studying. Magdalena wants to be prepared for the end of the year festivities and requests her ninth loan from Kiva to buy a freezer and containers to transport the fish and crabs her husband catches.

“Catalinas” is the name that Magdalena and six of her friends have given to their Trust Bank. They sell shoes, handicrafts, seafood and have traditional textile businesses. They look forward to their monthly meetings when they make loan payments and participate in educational sessions, part of the “Microcredit Plus” program. The topics are relevant to their lives and come from four areas: business, health, family, and women's issues. Since the women have little or no formal education, a facilitator uses pictures, diagrams, games, and role playing to share information. Every two months, they have access to medical care.

Thank you, Kiva lenders, for your generosity!