Total loan: $1,450

El Tren Group

Flag of Guatemala
Jocotenango, Sacatepequez, Sacatepéquez, Guatemala / Retail

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

A loan helped to buy cosmetics.

El Tren Group's story

The two women in the group El Tren live in Jocotenango, Sacatepéquez, Guatemala. They are 53 and 55. One sells cosmetics. The other sells natural medicines. They are starting their fifth cycle in the Namaste Creating Prosperity Program. They both believe that their work with Namaste has allowed them to improve their businesses and has kept them going during the pandemic.

Dina Iracema is 53 married with two adult children. Fourteen years ago started her wholesale beauty supply business. She buys cosmetics at the factory and sells them to vendors in the local market. During the most difficult part of the pandemic, when beauty supplies were not in demand, she started cooking and selling food. She is now back to selling only beauty supplies.

During the previous four cycles she learned to track her sales and expenses, to shift her business as the external environment changed, and to stock products requested by her clients. She will use her loan to buy cosmetics.

When she started with Namaste her monthly net profit was 2,600 Guatemalan Quetzales ($338). At the beginning of the third cycle it was Q6,703 ($871). But, due to the impact of Covid, the third and fourth cycles were difficult, and she started this cycle with a monthly net profit of Q3,965 ($515). She hopes to increase that to Q4,695 ($610) by the end of this cycle.

Pictured from left to right: Josefina and Dina.