Total loan: $3,225
Quetzaltenango, Quetzaltenango, Guatemala / Clothing
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A loan helped to buy more children’s, women’s and other clothing items.
Genesis Group's story
Quetzaltenango is known for its extensive industrial area. It is the second largest city in Guatemala. The official language is Spanish but they also speak the Maya languages of K’iche and Mam. The women of Quetzaltenango make very elaborate clothes such as the Maya huipiles (blouse) and cortes (skirt), skirts, tablecloths, napkins, bibs, and center pieces. Also, many of the people do trading. It is in this place that the Friendship Bridge Trust Bank “Genesis” was formed with seven members who sell used clothing, beauty products, and crafts. One of the women has a store selling snacks. It is important to point out that most of the young indigenous women wear their beautiful typical clothing – huipiles and cortes. Astrid is a young 20-year-old woman who is single with a seven month old baby. She is secretary of the group. Because jobs were scarce, Astrid began her used clothing business three years ago. Her business was increasing so she needed more capital. That was why she joined the group and asked for her first loan in order to buy more clothing such as children’s (a bestseller), women’s and other items. This is the second loan cycle for Astrid. She is anxious to receive training from Friendship Bridge’s “Microcredit Plus” program where, at the monthly meetings, the group learns about business administration, budgeting, customer service, as well as self-esteem, identity, leadership, preventive health, and reproductive health among other topics. The “Microcredit Plus” program of small loans and education has shown that it is an excellent combination with positive results. Thank you Kiva investors for helping to fund this very important program which empowers the Maya women!