100%

funded

Total loan: $3,950

Chunima Group

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Chichicastenango, Departamento El Quiche, Quiché Department, Guatemala / Retail

Chunima Group's loan finished fundraising,
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A loan helped to purchase items for her convenience store like salt, sugar, chiles, fruits and vegetables as well as laundry and bath soap.


Chunima Group's story

Two of the goals of Friendship Bridge are to help women unlock their potential and to create long-­term, transformational change. The Microcredit Plus Program of the organization, which effectively combines small loans and education, provides over 22,000 women the ability to do this. Nine women, dressed in the traditional “traje” or outfit of the area, have joined together in the rural community of Chunimá in Chichicastenango to form the Trust Bank “Chunima”. They have just finished their second loan cycle and are requesting a third loan that they hope will be funded by Kiva investors. The women are quite pleased that they have been able to expand their small businesses and look forward to continuing to do so. María is a 66-year-old married member of the Trust Bank who has one son. She has four businesses that include a convenience store, a shop that sells masa to make corn tortillas and tamales, a traditional textile business (traditional blouses called “huipiles”, woven belts and napkins) as well as an animal husbandry business (chickens, turkeys, goats). She sells her traditional textiles and animals in the large and well-­known market in Chichicastenango. With her third loan, Maria plans to purchase items for her convenience store like salt, sugar, chiles, fruits and vegetables as well as laundry and bath soap. She also wants to buy five pounds of good quality thread and fabric for her textile business. Doña María enthusiastically shares that she really likes to participate in the educational parts of the monthly meetings of the Trust Bank. A Friendship Bridge Facilitator creatively presents training on a variety of useful and relevant subjects like effective business management practices (accounting, budgeting, pricing, marketing, customer service), personal care (health, hygiene, use of medicinal plants), and empowerment (self-esteem, women’s rights). Friendship Bridge calls the effective combination of education and small loans “Microcredit Plus”. It allows for more dependable cash flow, increased productivity, increased sales and higher income. Kiva investors are valued partners with Friendship Bridge in this effort. Thank you for your generosity and kindness!