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Total loan: $5,450
Luz De Vida Group
Santiago Atitlán, Sololá, Sololá Department, Guatemala / Arts
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Luz De Vida Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped To buy a variety of additional traditional clothing, shawls,belts, skirts, as well as huipiles (blouses), for resale.
Luz De Vida Group's story
The Friendship Bridge Trust Bank “Luz de Vida” is ready to begin its second loan cycle through Kiva. The Trust Bank has eight members - one member is brand new. The other seven members have worked hard in the previous loan cycle. The primary goal of the members of “Luz de Vida” is to increase the inventories of their different small businesses. Along with increasing their inventories, they have also benefited from the “Microcredit Plus” non-formal education program of Friendship Bridge. Rosa is one of the eight grateful members of the group who has seen extra income generated from her business. Rosa is married with all five of her children attending school. Her business is selling traditional Maya clothing - huipiles (blouses) as well as mats to cover appliances and tablecloths. With her loan, Rosa plans to buy a variety of additional traditional clothing besides the huipiles. She will buy chalinas (shawls), fajas (belts) and cortes (skirts). She feels that with the additional clothing, she will attract more customers. Rosa is a good entrepreneurial business woman who sees the need to improve her income. Therefore, she has sought out other markets where she can sell larger quantities of her clothing and now is selling in three different places. The members of the Friendship Bridge Trust Bank “Luz de Vida” thank the Kiva lenders for the opportunity to grow as entrepreneurs. They are also very grateful for the investors’ support of the Guatemalan women who are working to improve their lives.