100%

funded

Total loan: $4,150

Las Margaritas Group

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Nahualá, Sololá, Sololá Department, Guatemala / Arts

Las Margaritas Group's loan finished fundraising,
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A loan helped to buy bulk thread in large quantities of various colors and accessories for the looms.


Las Margaritas Group's story

The beauty of traditional clothing such as "cortes", "huipiles", and "fajas" (skirts, blouses, belts) makes them exported products. Catarina, at 41 years old, is one of these talented women. She mentions that she has three looms. Thanks to Catarina's small workshop, she is able to distribute traditional clothing called "huipil", or blouses, to the two markets neighboring her community. With the income from this business, Catarina sends her 4 children, who are all between 7 and 14 years old, to primary and secondary school.

She also employs 3 people who help her wind thread and do the rest to weave the colorful traditional blouses.

Catarina wants to increase her business inventory, which is why she is requesting her fifth Kiva loan. With the capital, she will be able to buy bulk thread in large quantities of various colors and accessories for the looms.

Catarina is the secretary of the "Las Margaritas" group. She and the other 6 women live in a rural area of the department/state of Sololá. These women are the owners of small restaurants, poultry farms, traditional textiles, and sewing workshops. During this loan cycle, the women will learn to plan, estimate, invest, and save. They will also be able to learn to care for their families through healthy food, hygiene, and health. This is thanks to the "Microcredit Plus" program.

Thanks to the Kiva lenders for playing an important role in the lives of the entrepreneurial women.