Total loan: $2,600

La Cruz Group

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, , Guatemala / Arts

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

A loan helped to buy threads.

La Cruz Group's story

Herlinda is 30 years old and has a partner. She did not have the opportunity to go to school but now hast three children, two of whom are in school. Herlinda makes a living knitting typical regional products. She started this business when she learned this trade from her mother. She now has ten years experience. Herlinda is organising a group and applying for a loan, which will be used to buy threads in order to produce her knitted products. In the future Herlinda wants to to be able to count on having a lot of working capital, and wants to have employees. The other members of the group make a living in knitting and making artisan products. There are 14 people in the photograph but only ten are taking out a loan on this occasion, because the others did not meet the requirements.