Total loan: $5,250
Chutzorop Segundo Group
Chichicastenango, Departamento El Quiche, Quiché Department, Guatemala / Arts
Chutzorop Segundo Group's loan finished fundraising, but these other borrowers need your support
A loan helped To purchase thread for her textile business and supplies for her fruit business.
Chutzorop Segundo Group's story
The Friendship Bridge Trust Bank “Chutzorop Segundo” is located in a rural area of Chichicastenango in the Highlands of Guatemala. Two new members have joined the Trust Bank and are quite motivated to participate in the Microcredit Plus Program of Friendship Bridge that combines small loans with non-formal education. The new members work in textile production as do most of the women of the Trust Bank. The traditional textiles of Chichicastenango are among the most colorful and beautiful in Guatemala. Juana, better known as Juanita by the ladies, is the President of the trust bank. She is an enthusiastic 26 year old with three children. Together with her husband the couple works hard to generate enough income to support the family. They produce and sell different kinds of textiles. Taking the long range view, Juanita decided that having one business just was not enough and so she began selling fruit in her community. She is quite happy and pleased with the progress of her fruit business. Juanita is requesting a loan that she will use to purchase thread for her textile business and supplies for her fruit business. Juanita and the ladies in the “Chutzorop Segundo” Trust Bank appreciate the monthly educational training given by a Loan Officer of Friendship Bridge. They learn how to manage their small businesses with seminars on effective business practices, budgeting, accounting, customer service and savings. Other topics include nutrition and health, self esteem and women’s rights as well as the use of medicinal plants. Learning together, the women of the Trust Bank bond even more and encourage each other to be successful. It is difficult, if not impossible, for an indigenous women in Guatemala experiencing poverty to walk into a banking institution and secure a loan. KIVA investors are valuable assets to these women who are working quite hard to empower themselves and create better lives for themselves, their families and their rural community in Chichicastenango. Thank you, KIVA investors!