Total loan: $2,600

Las Fenix Group

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Chicacao, Suchitepéquez, Suchitepequez, Guatemala / Food

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

A loan helped to invest in two businesses, buying more meat and also fertilizers and pesticides.

Las Fenix Group's story

Ana, 34, lives in the state of Suchitepéquez. She is a wife and the mother of 5 children (3 to 17). Her oldest daughter only studied up to 6th grade while her younger ones are getting a full education.
Ana has had the business for some years, buying and selling beef as a street vendor. She also grows corn. In order to obtain more income, Ana's husband works in a banana business.
She is requesting her first loan from KIVA to invest in two businesses, buying meat as well as fertilizers and pesticides.
Even when Ana only has a fourth grade education, due to her leadership abilities, she was elected secretary of the Communal Bank of Puente Amistad "Las Fenix" which has 6 more members. They all speak Tz'utujil as well as Spanish. She is in charge of convening the meeting to make payments of the loan and then participate in sessions of non formal education as part of the "Micro-loan Plus" program of small loans, education and health. Each month they learn from a facilitator some important topics such as business management abilities, family planning, good hygiene and also to develop self esteem.
Women work reselling textiles, growing corn, in daily consumption stores, selling clothes and food.
The women are very grateful for the generous support of the KIVA lenders. Thanks!