100%

funded

Total loan: $5,275

Tierra De Cacao Group

Flag of Guatemala
Chicacao, Suchitepéquez, Suchitepequez, Guatemala / Food

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


A loan helped Carmen to buy a large refrigerator for her food and drink business.


Tierra De Cacao Group's story

Carmen, a married 35-year-old mother of 5 children (6 mos.-16 yrs), opened her food business because she realized that her husband’s income could not cover the household and educational expenses of the children. So, she got a food cart, installed it in front of her home and began to cook fried chicken and delicious potatoes.

She opens her business at noon and closes it late in the evening. Because the climate is warm where she lives, in a coastal area in the department/state of Suchitepequez, she sells a lot of cold drinks. Carmen is requesting her 1st KIVA loan to buy a large refrigerator.

Nine ladies, including Carmen, formed the Friendship Bridge Trust Bank “Tierra de Cacao” or "Land of the Cocoa Bean”. They are anxious to invest in their convenience stores, and sales of clothing, food and toys. The women appreciate their monthly educational sessions, part of the “Microcredit Plus” program of loans, education and health care. The educational sessions cover an aspect of 4 topics: business, family, women and health.

Carmen shares, “Thanks to these sessions, my friends and I learn to be better administrators of our businesses and wisely invest our loans.” The sessions are designed by a Facilitator who uses pictures, diagrams, role playing and games to share the information. Every other month, they have access to basic health care services.

KIVA investors, partnering with Friendship Bridge, are a huge help to Carmen and the ladies in the Trust Bank. Thank you to each of you!