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Total loan: $4,475
Nuevo Amanecer Xecam Group
Quetzaltenango, Quetzaltenango, Guatemala / Agriculture
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Nuevo Amanecer Xecam Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped To buy hens.
Nuevo Amanecer Xecam Group's story
Located in the village of Xecam, in a mountainous area in the western highlands of Guatemala, the Nuevo Amanecer Xecam Trust Bank is starting its second loan cycle with Friendship Bridge. The group has 14 members, four of whom are quite young and unmarried. These four young women did not have the opportunity to complete primary school, but their desire to succeed pushed them to to start their own businesses. Like the other ten women in the group, they strive every day in order to achieve their goals and create better lives for themselves. The businesses that the members of the group are engaged in are varied and include: weaving, embroidering, and animal husbandry, among others. One of the members of the Trust Bank, Lucia, is 45 years old and has four children with her husband, Mason. Three of Lucia’s children are still in school, and the other just completed high school. Lucia joined the Nuevo Amanecer Xecam Trust Bank through an invitation from a friend who currently is a FB client. Lucia and her family are dedicated to their animal husbandry business, which includes four pigs and 24 chickens (most of which are roosters). She joined Friendship Bridge so she could expand her business. Lucia is very excited for the opportunity provided by her Trust Bank and by Friendship Bridge to obtain a loan, which will serve to buy hens. She hopes to take advantage of raising more chickens and selling eggs. Lucia's long-term dream is to obtain her own farm, because she is currently renting. Her short-term goal is to see her second child graduate from high school next year. Through the participatory non-formal education lessons provided by Friendship Bridge at the monthly loan repayment meetings, Lucia has learned how to effectively support her children’s education. She and the other women have also benefited from lessons on business practices, money management, self-esteem, women’s rights and health. These lessons not only provide the women with valuable information regarding their businesses and their families’ health, but also foster a community of support among the women. Lucia and the other 13 women in the Trust Bank are both surprised and grateful that people from elsewhere have focused their attention on their small village and have given them the opportunity to make their dreams a reality.