Total loan: $2,950

Shaday Group

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Coatepeque, Quetzaltenango, Quetzaltenango Department, Guatemala / Retail

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

A loan helped to buy a variety of fruit, as well as products for daily consumption (sugar, salt, beans, rice).

Shaday Group's story

A variety of popular ice creams are enjoyed around the world, and even more so if the ingredients are fresh fruit! Olga, a 52-year-old married woman, mother of 3 adult children, and grandmother of 7, makes these delicious ice creams. She shares that her business is quite popular and her clientele is growing daily! Olga studied two degrees as a teacher and these studies allow her to keep track of her business. In addition to selling ice cream, she runs a daily consumer shop and sells cupcakes. Olga requests her 1st loan from Kiva to buy fruit, as well as daily consumption products (sugar, salt, beans, rice).

Olga is the president of the Puente de Amistad “Shaday” Community Bank and, along with six other women, is proud of her leadership in business.

On a monthly basis, the women also receive training from a facilitator through games, pictures and diagrams to share the information. Thanks to these trainings included in the “Microcredit Plus” program, women can improve the management of their businesses. These businesses include the sale of tortillas, food, ice cream and daily consumption stores.

Another advantage of the program is the bi-monthly health care services. A visiting nurse offers basic screenings (blood sugar, breast, blood pressure) and services (family planning).

(The child in the photograph is the borrower's child and she authorizes the child to appear).

Thanks to Kiva lenders for advancing the development of women like Olga!