Total loan: $4,025

Las Joyas Group

Flag of Guatemala
Totonicapan, Totonicapan, Guatemala / Arts

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A loan helped to buy a new sewing machine.

Las Joyas Group's story

Rosa Leticia is a 19-year-old member of the “Las Joyas” (meaning “The Jewels”) Trust Bank. She is a single woman who graduated from high school last year. She is enrolled in college for her first semester, studying to be a teacher. Rosa, along with two of her family members, have a weaving and embroidery business. They create the beautiful and colorful textiles that are so valued in Guatemala and beyond. Because Rosa wants to expand her business, she has applied for a loan of approximately $384 with Friendship Bridge. She will use the loan to purchase a new sewing machine in order to create more textiles and earn more income. With the additional funds that are generated, Rosa will be able to support her family, pay an employee and pay her tuition. She hopes to earn her degree in three years. She is quite excited about the loan! Rosa finds the monthly meetings quite valuable. She learns from the other women in the Trust Bank who are older. She looks forward to the additional training that she will receive during this loan cycle. Subjects to be discussed include business administration (budgeting, money management, costs) as well as several topics relating to women’s health and family. The Trust Bank, “Las Joyas” is looking forward to making progress in their lives as a result of these loans from Kiva investors. They intend to work diligently to create a better and more prosperous future for their families and community. They understand what a wonderful business opportunity this is and plan to repay a portion of the loan on time each month. They express their gratitude to Kiva investors!