100%

funded

Total loan: $3,825

Barrio Concepcion Group

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Retalhuleu, Retalhuleu, Guatemala / Retail

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


A loan helped to buy personal care items on sale, and clothing.


Barrio Concepcion Group's story

Many of the women who participate in Puente de Amistad's [Friendship Bridge's] “Microcrédito Plus” program of loans, educational training, and health exams have more than one business and are becoming empowered.

This is true with Alba, age 64, who has had a sewing business for 46 years. Due to her health problems, five years ago she began to sell personal use items. Alba has been divorced for 25 years. Because she already had a solid business, she had no doubt about moving with her parents and getting ahead with her three children, who now are 30 to 38 years old. Thanks to the profits from her business, she provided all of them with a complete education.

Alba is well-known in her area, and her customers seek her out to make their purchases. She requests her second loan from Kiva to buy personal use products on sale, and clothing.

Alba is the president of the communal bank “Barrio Concepcion", She and the other six women live in the department [state] of Retalhuleu. The sell tortillas, bread, clothing, and personal use items; some have stores selling staple goods. The majority, such as Alba, have no formal education. They look forward to monthly meetings, where they participate in educational sessions that provide them with essential information on an aspect of four topics: health, family, women, and business. Alba found the topic of how to invest a loan to be helpful.

Kiva lenders, in partnership with Puente de Amistad, play a vital role in the lives of these women.