Total loan: $4,825
Mujeres De Chuanoj Group
Totonicapan, Totonicapan, Guatemala / Arts
Flag of Guatemala
Mujeres De Chuanoj Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped to buy a good amount of thread and other materials for textiles.
Mujeres De Chuanoj Group's story
The Friendship Bridge Trust Bank, “Mujeres de Chuanoj” is located in Chuanoj, a rural area in Totonicapan, Guatemala. It is composed of ten women who are applying for a new loan cycle through KIVA. The ladies are involved in various businesses such as animal husbandry, retail sales (snacks, traditional clothing) and textile production (weaving). They are most grateful to be able to access capital in the form of the small loans so that they can maintain and expand their small businesses and generate enough income to support their families. The Secretary of the trust bank is 28 year old Cecilia. She is married and has four children who range in age from three to eleven. Cecilia fabricates traditional skirts called “cortes” on a foot loom. In order to meet the demand of her customers, she has hired three additional people from Chuanoj. She provides enough fabric and thread to her employees so that they can work efficiently. Cecilia needs another loan in order to purchase a large quantity of thread and other supplies. She wants her business to move forward! Cecilia is excited to be part of Mujeres de Chuanoj Trust Bank because, besides having access to loans, the ladies gain valuable business and personal tools each month when a Friendship Bridge Loan Officer shares relevant information with them. The ladies learn about how to manage their loans with discussions about effective business management practices. They learn about how to most effectively take care of their families with new information about nutrition, hygiene, and health. They understand how best to get their children ready for school. And, they learn how to use the medicinal plants that might be growing right in their own neighborhoods! Friendship Bridge calls the combination of the small loans and education “Microcredit Plus”. The women of the Trust Bank “Mujeres de Chuanoj” are grateful to KIVA investors for their generosity and kindness in funding their small loans. The ladies are able to provide a higher standard of living for their families as well as additional opportunities including education. KIVA investors are valuable partners in this effort!