100%

funded

Total loan: $2,600

Sector Puente Group

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La Ceiba, Santa Catarina Ixtahuacán, Sololá, Sololá Department, Guatemala / Retail

Sector Puente Group's loan finished fundraising,
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A loan helped to buy corn, beans, vegetables and other items for her store.


Sector Puente Group's story

The four women in the group Sector Puente live in La Ceiba, Santa Catarina Ixtahuacán, Sololá, Guatemala. They range in age from 19 to 39. All are married with toddlers or school age children. Two never went to school, and two went through sixth grade. Two make and sell traditional clothing, and two have tiny stores selling daily necessities.

They are starting their second cycle with the Namaste Creating Prosperity Program. Their businesses have improved with what they have learned from the financial literacy classes and the advice from a personal business advisor. They are now eager for more education.

Antonia is 34 with two children, who are seven and three. She never went to school. For twelve years, she has had, in the front room of her home, a small store selling daily necessities and other things requested by her customers. During the first cycle, she learned to track her sales and expenses, to increase the variety of her products and to keep her business money separate from her personal money. She will use her loan to buy corn, beans, vegetables and other items for her store.

When she started with Namaste, her monthly net profit was 3,711 Guatemalan quetzales ( about $482). By the beginning of this cycle, she had increased that to GTQ 5,293 (about $687), and she hopes to increase that further to GTQ 7,406 (about $962) by the end of this cycle.

Pictured from left to right: Antonia C, Antonia, Catarina and Elena.