Total loan: $2,775
Las Rosas De Chipuac Group
Totonicapan, Totonicapan, Guatemala / Arts
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Las Rosas De Chipuac Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped to purchase thread and other materials to produce more textiles.
Las Rosas De Chipuac Group's story
This energetic Friendship Bridge Trust Bank was established five years ago in a rural village of Totonicapan, Guatemala. There are eight businesswomen in the group who are mostly involved in the cultivation of corn as well as the manufacturing of textiles, mostly the traditional skirts called “cortes.” Most of the ladies have only had two years of education. The average number of children that they have is three. The current President of the Trust Bank is 29-year-old Julia. She has had four years of formal education and is raising three children. Many women in the group are weavers and Julia is one as well. She fabricates textiles and is requesting a new loan to purchase thread and other materials in order to produce more textiles. Julia possesses an outstanding leadership skill. She shares that her group is very responsible, punctual and supportive. She adds that during the five years that she has been involved in the Friendship Bridge Microcredit Program, her business has grown. Her production and sales have increased as well. Friendship Bridge provides useful monthly trainings to clients and Julia and her fellow Trust Bank members have learned a lot about topics like hygiene and health, natural medicines, empowerment, self-esteem, children and women’s rights. This component of the Friendship Bridge Microcredit Plus Program contributes greatly to their personal growth. On behalf of “Las Rosas de Chipuac” Trust Bank, Julia thanks KIVA lenders who believe in their efforts and work, and fund their loans. This means so much to the women as they can be productive and empowered. They are able to contribute to the economy of their household and the local development of their town. It is a wonderful win-win situation!