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Total loan: $6,250
Quetzaltenango, Quetzaltenango, Guatemala / Food
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Carino Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped to buy corn to make tortillas for sale.
Carino Group's story
The Friendship Bridge Trust Bank, “Carino” meaning “affection, love, sweetness”, is located in the rural area of Chuicavioc in the State of Quetzaltenango in the Western Highlands of Guatemala. In this area, most are involved with agriculture and animal husbandry, particularly in breeding bulls, pigs and chickens. A smaller portion of the population is involved in commercial activities such as buying and selling vegetables. Others are engaged in the weaving industry. Maria Beatriz is the 31-year-old mother of five children. She, along with 12 other women, meet each month with their Trust Bank and a Friendship Bridge Loan Officer. During their meetings, they may make payments on their loans and participate in educational training on subjects like business administration and indebtedness, money management and savings, women’s health and family planning as well as self-esteem. Maria Beatriz is an enterprizing merchant who purchases and sells potatoes on a daily basis. In the afternoon, she cleans houses. She is motivated to work hard because she wants her children to be successful in the future. She realizes that the key to success is education. Four of her children are in elementary school and the fifth one is in kindergarten. Currently, Maria Beatriz is starting her third loan cycle with Friendship Bridge. Her loan of $385 will help to launch her newest business endeavor which will be a “tortilleria” where she will make and sell tortillas. She plans to buy corn in bulk. Maria Beatriz looks forward to increased profits so that she will be able to purchase better food which in turn will lead to better health for her family. The Trust Bank, “Carino”, appreciates the support and confidence of Kiva investors throughout the world. Because of these small loans, these women have a way to generate income, working with their husbands to support their families. For women who are single, divorced or widowed, the loans are essential. It is a true win-win situation which improves the lives of families and the well-being of their community.