Total loan: $3,000

Las Victorias 3 Group

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Chajul, Quiché Department, Guatemala / Food

Las Victorias 3 Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!

A loan helped To expand her bakery by buying flour, eggs, sugar, salt, milk, trays, and shelves.

Las Victorias 3 Group's story

María is 63 years old. Maria's parents had a carpentry business. They did all kind of furniture. Their parents income was not enough to support María and her 5 siblings. She had to work since she was seven, cleaning neighbor houses.

She and her husband have 3 children, he was a builder, but because their family income was limited, she began cooking and selling sandwiches, cakes, snacks, coffee, and fruit juice, with the help of her daughters.

This year she will get her seventh loan. With her first two loans she began and expanded a small grocery store . With the third, fourth and fifth loans she invested it in planting and growing cardamom and coffee.

With her sixth loan she started a bakery. This year she will invest her seventh loan in expanding her bakery. She will invest in expanding the bakery buying flour, eggs, sugar, salt, milk, trays, and shelves.

Maria is the leader of Las Victorias Group 3. The group is composed of 6 women, all from the Ladino ethnicity. The group will invest their loan in food 33%, textiles 17%, and agriculture 50%. On average, each member of the group has 4 children. The average age of the members of the group is 42 years old. 83% are illiterate, and 17% ended their primary education.