Total loan: $3,875

Santa Teresita Group

Flag of Guatemala
Patulul, Suchitepequez, Suchitepequez, Guatemala / Agriculture

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

A loan helped to buy pigs and chickens.

Santa Teresita Group's story

Life has changed a lot for Carmelia, who is 52 years old, is married, and has seven children (16 to 30 years old). Before the COVID-19 restrictions, she sold fish in other towns. Sales have dropped, and it is difficult to move to other places. For this reason, she started a business of raising and selling chickens and pigs. Seeing that this business is profitable, she has requested a fourth loan from Kiva to buy pigs and chickens. She needs to have a portion of her income earmarked for the continuing education of her last child, who is now in high school.

Carmelina, along with eight other women, is a member of the Puente de Amistad “Santa Teresita” Community Bank. All of them live in a coastal area of ​​the department / state of Suchitepéquez. They provide support in their monthly meetings where they make loan payments and participate in educational trainings that cover one aspect of four topics: health, family, women, and business. They have learned how to avoid over-indebtedness, how to budget, and how to manage their funds. These topics help them with their clothing businesses, animal husbandry (chickens and pigs), fish sales, dairy, and daily consumption stores. Every two months, a nurse communicates with the women via cell phone to report on preventive health issues. This valuable combination of loans, education, and healthcare is called “Microcredit Plus”.

Thank you, Kiva Lenders, for believing in these women and providing loan support!