100%

funded

Total loan: $3,875

Madres Laboriosas Group

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San Pedro Yepocapa, Chimaltenango, Chimaltenango, Guatemala / Food

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A loan helped to invest in the purchase of a coal fired stove, as well as firewood and corn at the wholesale level.


Madres Laboriosas Group's story

Prepared corn tortilla shops are popular anywhere in the Guatemalan Republic. Yessica spends the day in front of a stove preparing delicious hot tortillas for breakfast and lunch. She sells from her house.

Yessica is 23 years old, she lives with her husband and together they raise a 9 month old boy. With her income, she has been able to support the household expenses. Although Yessica only studied 6 years at school she has been able to run the business and lead it to success.

She needs to increase the production of her business and will achieve this with the 4th Kiva loan. Yessica wants to invest in the purchase of 1 coal fired stove, as well as firewood and corn at the wholesale level.

There are eight women that make up the Community Bank of Puente de Amistad "Madres Laborionales" and are originally from the department / state of Chimaltenango. They learn to effectively manage tortilla shops, food sales, chicken farming and china crockery. Monthly a facilitator shares relevant and useful information drawn from 4 areas: health, family, women, business. In the current time of the coronavirus, women have strengthened their knowledge and learned about the importance of continuing to wear masks, social distancing and hygiene. All of this is part of the "Microcredit Plus" program of loans, education and health care services. Yessica shares: “Thanks to credit support, we will be able to expand our businesses in these difficult times. Thanks!"