Total loan: $4,475

Jardin Group

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Momostenango, Totonicapán, Totonicapán Department, Guatemala / Agriculture

Jardin Group's loan finished fundraising,
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A loan helped To purchase chickens and goats.

Jardin Group's story

Momostenango is located in Western Guatemala and is known as an agricultural area with a cool climate. Most of the population is of Maya K'iche' descent and most are small farmers who grow corn and beans as well as wheat. Some raise animals like goats and sheep. The wool is used to fabricate warm wool blankets, quite useful in the cool climate of the area. The Friendship Bridge Trust Bank “Jardín” meaning “Garden” is located here and consists of twelve indigenous women, three of whom are new to the group. They are about to begin a new Loan Cycle and are quite hopeful that they will continue to improve their standard of living. Leonarda, the 32-year-old Secretary of the group, has had five years of formal education. She is a single parent, raising two children, and works diligently every day to meet their current and future needs. One of her children is in primary school which makes her very happy. Leonarda has an animal husbandry business and is requesting a loan which she will use to purchase chickens and goats. With the income that she will realize, Leonarda will be able to pay for the family’s necessities including food and education. Approximately one-half of the women in the Trust Bank are unable to read and write. Realizing this, Friendship Bridge combines the small loans with educational seminars a combination called “Microcredit Plus”. A Loan Officer from the organization meets with the Trust Bank each month and the ladies acquire basic business and personal tools that are useful to them. For example, to help them with their loans, the women learn about effective business practices including budgeting, accounting, pricing, marketing, customer service and indebtedness. To support them in their personal lives, the ladies learn about nutrition, health, hygiene and self esteem. At the end of their last meeting, the twelve women, with hopeful smiles on their faces, expressed their appreciation to KIVA investors for funding their loans. They have promised to work hard and to be responsible. Thank you, KIVA investors, from the “Jardín” Trust Bank in Momostenango, Guatemala!