100%

funded

Total loan: $800

Sector La Bascula Group

Flag of Guatemala
Cuyotenango, Suchitepéquez, Suchitepequez, Guatemala / Food

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


A loan helped to buy a variety of fish and shrimp in different sizes to sell in her town and nearby areas.


Sector La Bascula Group's story

The two women in the group Sector La Báscula live in Cuyotenango, Suchitepéquez, Guatemala. One is 51, separated from her husband and has 6 grown children. She went to school up to the 3rd grade. Her business is selling shrimp and fish. The other is 50, married, also with 6 grown children. She went to school up to the second grade and has a small store.

They are starting their third cycle with the Namaste Creating Prosperity Program and are eager for additional financial literacy classes and more advice from a personal business advisor.

Gabina is 51 and separated. For 21 years, she has had a business selling shrimp and fish. Her mother, who had a similar business, got her started. She sells in her town and nearby areas, and also to businesses to which she makes weekly deliveries.

During Gabina's two cycles with Namaste, she learned to expand the number of seafood items she sells, to add new sales areas, and to keep a budget. She will use her loan to buy a variety of fish and shrimp in different sizes. Her business goal is to sell some of her products wholesale.

When she started with Namaste, her monthly net profit was 3,420 Guatemalan Quetzales ($444). By the end of her second cycle, she had increased that to Q5,440 ($706). She hopes to increase that further to Q7,480 ($971) by the end of this cycle.

Picture from left to right: Enma and Gabina