Total loan: $2,475
San Pedro la Laguna, Solola, Solola, Guatemala / Arts
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Mayas Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped to buy more fabric to increase her inventory of aprons that she hopes will increase her profits.
Mayas Group's story
San Pedro La Laguna is located on the shores of Lake Atitlan in Guatemala. It is a small Tz’utujil-speaking Mayan village. San Pedro is a tourist destination with a number of Spanish speaking schools. Because it caters to tourists from Europe, as well as North Americans it has a variety of good restaurants. There are also many different shops including ones that sell typical clothing. The Friendship Bridge Trust Bank “Mayas” is located here. They are completing the loan cycle from July of last year. All the women have seen their businesses grow. Now they are asking for another loan cycle which they know they can complete successfully because of the Friendship Bridge “Microcredit Plus” monthly training they have received and learned about accounting, bookkeeping and customer relations. A member of the group is Maria who is 46 years old. Every day she struggles to raise her six children who are living with her. Maya women wear an apron “delantal” that has pockets where they keep their money and other important items. Maria sells these aprons, as well as traditional “fajas” belts that secure the “cortes” skirts the Maya women wear. The aprons and belts are very salable products in San Pedro La Laguna. With the new loan, Maria plans to buy more of the typical fabric to increase her inventory of aprons that she hopes will increase her profits. Maria had a difficult childhood and for that reason she does not want to have her children repeat her history. For that reason she struggles hard in her business to have her children have opportunities for development, especially through education. The Friendship Bridge Trust Bank “Mayas” gives Kiva investors many thanks for being part of the women’s success in San Pedro la Laguna, Guatemala!