Total loan: $4,300

La Esperanza 3 Group

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Chajul, Quiché Department, Guatemala / Agriculture

La Esperanza 3 Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!

A loan helped to expand her animal husbandry business, buying cows, pigs and chickens.

La Esperanza 3 Group's story

Paulina is 30 years old, she is single and she has eight siblings. Her father is a farm worker. He works on different farms to obtain an income that would allow him to support the studies of his children. She and her siblings have worked offering their services to wash other people's clothes and, in this way, help their parents with the family expenses.

Paulina got information from a Chajulense Association of Women United for Life credit promoter. She got interested in the opportunity and she worked to put together a group of women interested in the credit opportunity.

With her first two credits she invested in an animal husbandry business, buying cows, pigs and chickens. With her third and fourth credit she invested in buying and selling firewood. She invested her fifth credit in offering sandwiches and snacks. This year with her sixth credit she will expand her animal husbandry activity, buying cows, pigs and chickens.

Paulina is the leader of La Esperanza Group 3. The group is integrated by five women, one from the Ixil Maya ethnicity, and four from the K’iche’ Maya ethnicity. The group will invest their loan for textile 20%, food 20% and agriculture 60%. On average, each member of the group has three children, and the average age of the members of the group is 30 years old. Twenty percent are illiterate, 20% studied to the ninth grade, 40% studied to the 10th grade and ended their secondary education and 20% ended their secondary education and got the Title of Teacher of Elementary School.