100%

funded

Total loan: $800

Calle Ancha Group

Flag of Guatemala
Antigua Guatemala, Sacatepéquez, Sacatepéquez Department, Guatemala / Clothing

Calle Ancha 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 shoes, clothing, cosmetics, and plastic items to sell from home and on social media.


Calle Ancha Group's story

The two women in the Calle Ancha group live in Antigua Guatemala, Sacatepéquez, Guatemala. Both women have some high school education. One woman is 51, divorced, with two grown children. The other is 33, single, with an 11-year-old son. Both women sell clothing, shoes and a variety of other items. Both use social media to advertise their products and then make the deliveries in person. They are starting their fifth cycle with the Namaste Creating Prosperity program. They have learned a lot, including how to manage through the pandemic. They have grown their businesses and are eager for more financial literacy classes and advice from a personal business advisor.

Sandra Lucrecia is 51 years old, divorced, with two children grown and independent. She had some high school but didn’t graduate. She sells shoes, clothing, cosmetics, and plastic ware, both on-line and from her home. In previous cycles, she learned not to sell on credit, to stay out of debt, to track her sales and expenses, and to make adjustments in hard times. She will use her loan to buy more shoes, clothing, cosmetics, and plastic items.

When Sandra started with Namaste, her monthly net profit was 1,400 Guatemalan quetzales ($182). At the start of this cycle, it was Q2,265 ($294). Though this number was much lower than her profit before the pandemic, she worked very hard to achieve even this. She hopes to raise her profit to Q2,950 ($383) by the end of this cycle.

Pictured from left to right: Luisa and Sandra.