Total loan: $1,825

El Milagro Group

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Totonicapan, Totonicapan, Guatemala / Retail

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

A loan helped Operating capital to acquire more merchandise.

El Milagro Group's story

Doña Isabel is 34 years old and completed the fifth graD.. She has three sons of different ages. Her oldest son is 18 years old and her youngest one is 12 years old. Isabel’s husband works as a mason while she helps with a few family expenses, especially the education of her children. Her oldest son is in his final year before earning his degree in Elementary Education.

Isabel engages in traD. and has eight years of experience. She has a store where she sells daily consumer products. Having enthusiasm and the desire to succeed, she decided to organize a group in order to apply for a loan. The Communal Bank is called “El Milagro” (The Miracle), a name that was selected by all of the members. The group consists of ten women who are involved in different business activities which incluD. raising animals, providing services, and selling daily consumer products and traditional clothing.

This loan will be used to increase the inventory of products for her business so that she can generate more income. With this she hopes to improve the living conditions for her family.

Translated from Spanish by Ronan Reodica, Kiva Volunteer