Total loan: $4,400

Ajkay Group

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Chichicastenango, Departamento El Quiche, Quiché Department, Guatemala / Food

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A loan helped to buy utensils and basic food items including grains for ther food business.

Ajkay Group's story

Manuela is a member of the Friendship Bridge Trust Bank “Ajkay” in Guatemala. She is 61 years of age, married, and has seven children. She works at her own food business during weekends in her own home. She sells typical Guatemalan appetizers including tostadas, tamales, and chuchitos that are like tamales made of corn, tomato sauce and meat. She also sells a hot corn beverage called “atole”. In spite of the fact that she is older, Manuela works hard and with her years of experience, she is able to make enough money to take care of her older husband, herself and her youngest son who is still in high school. She wants to see him graduate with a solid career and be able to access a good job. Manuela also wants her son to assist her with the administration of her business. Manuela wants to secure a loan from Friendship Bridge to invest in her food business in order to increase the number of customers. She will use the funds to buy utensils and basic food items including grains because she wants to be sure that she has plenty of supplies when she is ready to make her delicious appetizers each weekend. The ladies of the Trust Bank “Ajkay” have various businesses that include textile production, animal husbandry and stores where items for daily consumption are sold. During the monthly meetings, they meet with a Friendship Bridge Loan Officer who assists them with their loan cycle that lasts for ten months. The women also receive non-formal education trainings on subjects like women’s rights, leadership and self-esteem, as well as business management, indebtedness and accounting. Other themes include health, nutrition and medicinal plants. The women of the Trust Bank are very grateful to have access to small loans and education because they realize that these are real tools that they can use to empower themselves, their families and their community. They express their appreciation to KIVA investors for providing them with the necessary capital to make their goals and dreams come true!