Total loan: $2,600

Margaritas De Xejuyu Group

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San Lucas Tolimán, Sololá, Sololá Department, Guatemala / Food

Margaritas De Xejuyu Group's loan finished fundraising,
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A loan helped to purchase rice, beans, oil, salt, noodles, sugar and drinks.

Margaritas De Xejuyu Group's story

The Friendship Bridge Trust Bank or “Margaritas de Xejuyú,” meaning ”The Daisies down the Mountain,” is composed of seven enthusiastic ladies who live in San Lucas Tolimán on the shores of the beautiful Lake Atitlán in the western highlands of Guatemala. The women have joined together to expand their small businesses, improve their lives, help their families prosper and eliminate poverty. This loan cycle is the first time that they are requesting loans from Kiva and only the second time from Friendship Bridge. Sonia is a 39-year-old member of the Trust Bank and has four children. She has had three years of formal education, and because of her leadership skills and her great desire to excel, Sonia has been elected president of the group. She has a convenience store and is requesting a loan to add inventory to her store. Sonia needs to purchase rice, beans, oil, salt, noodles, sugar and drinks in order to meet the demand of her customers. It is essential that the women learn how to manage their loans, so the Microcredit Plus program of Friendship Bridge is especially useful for them. A loan officer attends their monthly meetings and shares relevant information with the ladies on subjects like accounting, budgeting, customer service, indebtedness, marketing and pricing. The ladies also benefit from increased knowledge about health, hygiene and nutrition, as well as the use of medicinal plants. Attending their meetings, one notices more smiles and increased self esteem. Sonia and her friends in the “Margaritas de Xejuyú” Trust Bank extend their heartfelt gratitude to Kiva investors. They feel fortunate to be together, to work toward the common goals of empowering themselves and eliminating poverty in their families and community. Kiva investors are valuable partners in this effort!