100%

funded

Total loan: $5,700

Emprendedoras Group

Flag of Guatemala
Santa María Chiquimula, Totonicapán, Totonicapán Department, Guatemala / Retail

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


A loan helped to purchase food products with 50 percent and a sewing machine, fabrics, and gemstones with the other 50 percent.


Emprendedoras Group's story

Josefina is a very busy 28-year-old woman. She is a mother who is separated. She has two children, ages 7 and 10, and runs two businesses: a convenience store and a workshop making traditional garments with gemstones. Josefina had the opportunity to finish high school. Due to the lack of jobs, she decided to start these businesses seven years ago. She is very popular for selling quality, innovative products. Each week she delivers three dozen garments to two markets in her town. To fill the orders, Josefina employs two women who support their households.

She is requesting her second loan from Kiva to increase the inventory of her two businesses. Josefina will use half of the capital for food products and the other half to purchase a sewing machine, fabrics, and gemstones.

Josefina and eight other K'iche Mayan women make up the Puente de Amistad Emprendedoras [Friendship Bridge Entrepreneurs] communal bank in the department and state of Totonicapan. They make traditional skirts, have bakeries, and convenience stores. Each month these women meet to make loan payments and participate in educational training, which is the backbone of the Microcredit Plus loan, education, and health services program. The topics come from four areas: health, family, women, and business. Every two months they have access to basic health services.

Thank you, Kiva lenders, for the vital role you play in the life of these enterprising women!