Total loan: $3,150
Mujeres De Chui Nahualate Group
Aldea Guineales, Solola, Sololá, Guatemala / Clothing
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A loan helped to buy more traditional clothing.
Mujeres De Chui Nahualate Group's story
The nine women in this group live in the Chui Nahulate neighborhood of the town of Guineales in the Department of Suchitepéquez, Guatemala. This is a traditional agricultural area where most of the men work in the cultivation of bananas and coffee and many of the women work in traditional weaving. Six of the women in this group sell traditional clothing, two have small stores and one has a bakery. They all want to make their businesses more profitable and successful. They have learned from others that when they work with Namaste they will have classes in financial literacy and a personal business adviser who will help them write a business plan and each month give them advice on ways to improve their business. Manuela is 36 years old. She has a sixth grade education, is married and has two sons. The older is seven years old and is in first grade. The second is a baby of seven months. Her husband works in agriculture and does his best to help support the family. For two years she has had a business selling traditional clothing. This has been a big help to the family economically. She has so far done well with her business and she wants to grow it to both provide better for her family and also to offer more selection and variety to her clients. She currently has a monthly profit of 3,835 Guatemalan Quetzales and she projects growing this to 5,880 Quetzales during this nine-month loan cycle with Namaste.