Total loan: $2,350

Sector Centro Group

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Chocolá, San Pablo Jocopilas, Suchitepéquez, Suchitepequez, Guatemala / Food

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

A loan helped to buy vegetables, beans, meat, rice and firewood.

Sector Centro Group's story

The six women in the group Sector Centro live in Aldea Chocolá, San Pablo Jocopilas, Suchitepéquez, Guatemala. They range in age from 27 to 58. Three went through high school; one went to middle school; two never went to school. Two are single; one is a widow; three are married. Four of them have one or two young children. Five of them have businesses that involve preparing and selling food. The sixth has a very small store selling daily necessities. They are starting their second cycle with the Namaste Creating Prosperity Program, and are eager for more financial literacy classes.

Veronica is a 58-year-old widow with a high school education. For 13 years she has had a business making tortillas and other foods that she sells to her neighbors and other customers who seek her out. During her first cycle with Namaste she learned to track her sales and expenses, to sell at different price points, and to sell door to door in different neighborhoods. Her business advisor says she is hardworking and applies the advice she receives. She will use her loan to buy vegetables, beans, meat, rice and firewood. Her dream is to have a large, profitable business.

When she started with Namaste her monthly net profit was 1,525 Guatemalan Quetzales ($198). At the beginning of this cycle it was Q2,279 ($296). She hopes to increase that to Q3,159 ($410) by the end of this cycle.

Pictured from left to right: Veronica J, Brenda, Ana, Beatriz, Dalia and Veronica.