Total loan: $5,275
Santa Catarina Polopo, Sololá Department, Guatemala / Arts
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Catalinas Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped buy crafts supplies.
Catalinas Group's story
The ladies in the Friendship Bridge Trust Bank “Las Catalinas” in Santa Catarina Palopo on the shores of Lake Atitlan in Guatemala look forward to their monthly meetings. They have created a real web of support among themselves, generated income for their families and learned alot during the educational trainings. The women secured their very first loan, funded by KIVA investors last June and are pleased to report that the loan has been fully paid back on time. They are requesting an additional loan at this time. For this new loan cycle, we are pleased to introduce 43-year-old Manuela who married quite young and has ten children. She was unable to attend school and grew up learning to embroider and weave like so many indigenous women. She has recently joined the Trust Bank and is about to take out her very first loan! She intends to use the funds to purchase beads, thread and other supplies for her jewelry and handicraft business. Manuela wants to have plenty of inventory as she sells in three different places around the Lake. Manuela realizes the importance of education, for herself and her children. Each month during the meeting of her Trust Bank, she gains practical and useful information about the world around her and within her. For example, she has been learning about budgeting, accounting, marketing, pricing and customer service. She has gained confidence as she has learned about self-esteem, women’s rights and women’s health. Manuela has worked hard and at the beginning of the year, registered six of her ten children in school so that they would have more opportunities than she had. She has also had to buy school supplies and school uniforms. It is impossible for a woman like Manuela to walk into a bank and take out a loan. Non-governmental organizations like KIVA and Friendship Bridge are so important in the lives of these ladies. The months and years ahead are full of possibilities for them and their families. Thank you, KIVA investors, for your kindness and generosity!