100%

funded

Total loan: $3,925

Mandarina Group 1

Flag of Guatemala
Chajul, Quiché Department, Guatemala / Retail

Mandarina Group 1's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!


A loan helped to purchase more products for her commodity store.


Mandarina Group 1's story

Elena is Mandarina Group 1 leader, the group is composed by 10 women, and they will use their loans in commercial and agricultural activities. Ten women are of Ethnicity Ixil Maya and one of Ethnicity Q'anjob'al Maya. On average each group member has 4.5 children. The average of their loans is Q 3,100. Elena is 53 years old, mother of 13 children, 3 died, 8 are adults and 2 are studying in the school. Her dad died when she was 13, poverty in which she was made her to migrate from their place of origin to its current location, she lived in three different populations. Twenty years ago with her husband she introduced the sale of chicken meat in its population. It was a good business for a while, until other people began selling the same product, now she has a Commodity Store and sell chickens, this allows her to cover her financial needs. Elena borrowed Q 5,000, and will invest in expanding their store. The loan will help support her family and she hopes to have Q 500 monthly income.