100%

funded

Total loan: $275

Leticia

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San Pedro Yepocapa, Chimaltenango, Chimaltenango, Guatemala / Food

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A loan helped to buy vegetables and fruit, which she sells at the local market.


Leticia's story

Namaste would like to introduce you to its hardworking client, Leticia, who lives in San Pedro Yepocapa, Chimaltenango, Guatemala. She is 29 and married with five children ranging in age from 12 to 2. She wears traditional clothing and went to school through the sixth grade. For eleven years she has had a business selling vegetables. She travels to nearby cities to buy the produce and sells it from a stall in the market. From the time she was a little girl she was interested in business and learned in her teen years about selling vegetables.

She is starting her second cycle with the Namaste Creating Prosperity Program. She learned a lot from the financial literacy classes and from the advice of her personal business advisor. She is looking forward to more classes and advice. Among the things she learned during the first cycle: How to keep her business and personal money separate, to find new wholesalers with better prices, to add new products that her clients request and to track her sales and expenses.

In this cycle she will be adding the sale of fruit and will be learning how to market them. She will use her loan to buy vegetables and fruit. Her business goal is to be able to take advantage of special wholesale deals and discounts. Her personal goal is to support her children’s education. Her monthly net profit is currently 3,700 Guatemalan quetzales ($481). She hopes to increase that to GTQ 4,140 ($538) by the end of this cycle.