100%

funded

Total loan: $2,825

Mujeres De Progreso Group

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San Pedro Yepocapa, Chimaltenango, Chimaltenango, Guatemala / Food

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A loan helped to buy fruit and a machine for chopping ice.


Mujeres De Progreso Group's story

Small sales of food items can be found in all parts of Guatemala, because it is a source of income for many families. Elva is 40 years old and she is a married woman who attended school through the sixth grade. She has a business selling food. Every day in the afternoon, Elva makes and sells delicious snacks or "refacciones" outside her home. She wants to add a new business and sell slushies or blended drinks. Thanks to the income from her business, Elva is able to support her three children in their educational expenses (18 years old and a pair of 11 year old twins). She is asking for her fifth loan from Kiva in order to buy fruit and a machine for chopping ice. She notes that with this new business she will obtain more income.

There are 8 women in the communal banking group "Mujeres de Progress" or "Women of Progress". They live in a rural area in the Department or State of Chimaltenango, Guatemala. They have small businesses selling "snacks", chicken by the pound, raising animals, or selling clothing and shoes. The women are learning to run their businesses in monthly educational workshops. Topics such as planning, budgets, and investment are vital. Elva indicates that learning about excessive debt helps her to request just one loan. She also is learning about health, nutrition, and self esteem. Bi-monthly, she has access to health care services. Puente de Amistad calls this combination of loans, education, and health "Microcrédito Plus." Kiva lenders, associated with Puente de Amistad as a field partner, are important in the life of Elva and her friends. Thank you!