Total loan: $5,775

Santiagueras Group

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San Juan Sacatepèquez, Guatemala Department, Guatemala / Retail

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

A loan helped to purchase coal wholesale.

Santiagueras Group's story

The group leader is Doña Maria Elena, wife and mother of a daughter. Together with her husband, they fight to have a stable economy and give their daughter a decent life. As a family, she has a business of selling and buying coal by the sack and then they split them into bags and sell them from store to store for distribution to final consumers.

She expresses that coal increased in price due to the scarcity of trees with which they produce coal. Sales have remained stable. Due to the season, there is demand. She needs to buy in large quantities to be able to supply all her customers to do so she needs to make a slightly larger investment.

(The group leader in the center of the photograph is wearing a traditional blue and purple dress.)