Total loan: $6,075

Senoras Famosas Group

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Joyabaj, Quiché, Quiché Department, Guatemala / Agriculture

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

A loan helped to buy food at wholesale prices.

Senoras Famosas Group's story

In Guatemalan departments (states) such as Quiché, small family farms, where birds, goats, sheep, and cattle are raised, are the main income source for many families. Most children grow up helping their parents raise animals and then become farmers themselves.

Erika is one of them. She is a married woman and mother of two children, ages 3 and 6. Erika also has a catalog sales business and a daily consumer store. The income from these businesses has allowed her to help pay the educational expenses of her eldest son.

To increase her earnings, Erika has requested her third loan from Kiva to expand her animal business (chickens, turkeys, ducks, and cows) and to buy food at wholesale prices.

Eight enthusiastic women belong to the Puente de Amistad Community Bank group “Senoras Famosas.” They are natives of the K'iche' ethnic group. They meet monthly to learn how to run their businesses: animal husbandry, convenience stores, and textiles. During the meetings they make loan payments, share stories and participate in educational talks that are part of the "Microcredit Plus" loan education and health services program. They learn about good business management tools, healthy habits, nutrition, and hygiene. Above all, they are grateful to develop self-esteem and empower themselves.

Thanks to Kiva's lenders, Erika and her friends can create a more prosperous future. Thanks!