Total loan: $4,975

Chuitinamit Group

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San Pablo La Laguna, Sololá, Sololá Department, Guatemala / Food

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

A loan helped to buy trays to place bread and ingredients (sacks of flour, sugar, eggs) at wholesale.

Chuitinamit Group's story

Yolanda, a 23-year-old girl, is a wife and mother of a 6-year-old daughter. She has the opportunity to study at the university and in the future she wants to be a lawyer. Yolanda is also a hardworking woman and she bakes delicious breads that she sells to stores near the community. As the business grows, she needs capital. Yolanda requested her 1st Kiva loan to buy trays to place bread and ingredients (sacks of flour, sugar, eggs) at wholesale. Because Yolanda has planned carefully, she is confident that the capital will help expand the business.

The 10 women who have formed the Community Bank of Friendship Bridge “Chuitinamit” live in the department/state of Sololá. They enthusiastically participate in the “Microcredit Plus” program, where women acquire essential business skills such as planning, budgeting, investing and saving. With this knowledge, women are in a better position to maintain and expand their small businesses (sale of vegetables, fish / crabs, traditional textiles, daily consumption stores). They receive a wealth of practical information on caring for their family (health, hygiene, nutrition) and themselves (self-esteem, empowerment) from the monthly educational training. This is part of the “Microcredit Plus” Program.

Thanks to Kiva's moneylenders, women like Yolanda have capital for their businesses. Thank you!!