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Total loan: $4,025
Quetzaltenango, Quetzaltenango, Guatemala / Agriculture
Flag of Guatemala
Josue Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped To buy chickens and pigs.
Josue Group's story
The Trust Bank “Josue” is located in the outskirts of Quetzaltenango, Guatemala, in an agricultural area called Llanos del Pinal. The group was formed approximately two years ago and consists of 10 ladies, three of whom are new to the group. These hardworking women are engaged in various businesses including the manufacture and sale of traditional clothing, or the sale of embroidery thread used for the beautiful and traditional textiles of the region. Others are the owners of storefronts or involved with animal husbandry. Ana is one of the new members of the Trust Bank. She is the 35-year-old mother of five children. She proudly tells us that four of them are in school. Since Ana became widowed two years ago, she has the sole responsibility of providing the basic needs to her children who range in age from 7 to 17. Ana raises animals and currently has two dozen chickens and three pigs. She is able to generate an income for her family but wishes to grow her business. She is requesting a loan from Friendship Bridge that she will use to buy more chickens and four more pigs. With the loan, she will be able to purchase feed for fattening up the animals, which she will sell in the nearest market, 20 minutes from her community. Ana says that this loan means a lot to her since it is the first time she has been able to secure a loan. She has learned a lot about effective business practices including how to budget and manage working capital so that she can make a profit and grow her business. She appreciates the encouragement and support of the other women in her Trust Bank. In her own words, “I dream of a better future and I understand that it will not come along by itself. We need to work hard to make our dreams come true. I dreamed of having a business but I did not have enough capital. Now that I have a loan, I can work hard, earn an income, keep my children in school and have a better future.”