100%

funded

Total loan: $5,525

Dios Es Amor Group

Flag of Guatemala
Quiche, Quiche, Guatemala / Arts

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


A loan helped to purchase raw materials, including traditional fabric, as well as fabric for lining.


Dios Es Amor Group's story

Exactly one year ago in April 2014, the Friendship Bridge Trust Bank "Dios es Amor,” or “God is Love,” received their first loan. The group was made up of 11 hardworking and enthusiastic women who shared a common vision of improving themselves, working harder with the goal of maintaining and growing their small businesses. The ladies happily report that this first loan has been paid back fully, and that they are requesting an additional loan from Kiva. Currently, there are 10 women in the Trust Bank who share that they are most grateful for the loan as it has been such a huge help for them and their families. For the first loan cycle, we featured Antonia whose goal was to attract more customers and generate more income to raise her standard of living. Antonia was able to maintain and expand sales for her textile business, which included the sale of traditional blouses, napkins, tablecloths and aprons. With her increased income, she was able to purchase materials (wood and tiles) and other supplies to fufill a long-time dream of constructing her home. With a new loan, Antonia would like to purchase raw, materials including traditional fabric, as well as fabric for lining. She would also like to buy thread, trim and decorations for blouses, napkins, tablecloths and aprons. Antonia and her friends in the Trust Bank participate in educational seminars at their monthly meetings. A Friendship Bridge Loan Officer exposes the women to knowledge about the world around them and within them. Using pictures, drawing and role playing, the women learn about empowerment, how to raise their self-esteem, and the rights that they have as women. They learn to care for themselves and their families with new information about nutrition, health, hygiene and the use of medicinal plants. Finally, the ladies learn to effectively manage their loans and small businesses as they learn about budgeting, marketing, customer service, accounting and pricing. Friendship Bridge calls the combination of small loans and education “Microcredit Plus.” The 10 women in the “Dios es Amor” Trust Bank express their appreciation to Kiva and Friendship Bridge for the assistance in the form of loans and education that helps them improve their businesses and realize progress in their lives. Thank you, Kiva lenders!