Total loan: $650

Eucalipto 2 Group

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El Tejar, Chimaltenango, Chimaltenango Department, Guatemala / Clothing

Eucalipto 2 Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!

A loan helped to buy more traditional clothing.

Eucalipto 2 Group's story

The two women in the group Eucalipto 2 live in El Tejar, Chimaltenango, Guatemala. They are both married with school-aged children. One sells traditional clothing and the other has a small store from which she sells clothing and bedding. They are starting their seventh loan cycle with the Namaste Creating Prosperity Program. They have benefited from the financial literacy classes and from the advice of a personal business advisor, and are now looking forward to more learning and advice.

Ana Delia is 39 and married with four children ranging in age from 7 to 22. She never went to school. She wears traditional clothing and speaks both Spanish and the Mayan language, Kaqchikel. Her business is buying and selling traditional clothing. She also does some weaving and customers come to her to order special items that she makes for them.

Ana will use her loan to buy more traditional clothing. One of the things she has learned while working with Namaste is to record her sales and expenses. (Her daughter helps her with the books.)

When she started with Namaste, she had a monthly net profit of 1,010 Guatemalan Quetzales ($131). Before the pandemic started, she had increased that to 4,200 GTQ ($545). During the pandemic, her business dropped considerably, but it has now stabilized with a monthly net profit of 2,400 GTQ ($312). She hopes to increase that to 3,050 GTQ ($396) by the end of this cycle.

Pictured from left to right: Silvia and Ana.