100%

funded

Total loan: $5,100

Orquideas San Pedranas Group

San Pedro Yepocapa, Chimaltenango, Chimaltenango, Guatemala / Services

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A loan helped To buy supplies like glue and leather for her shoe repair business.


Orquideas San Pedranas Group's story

San Pedro Yepocapa, a town in Chimaltenango, is where 13 women have formed the Friendship Bridge Trust Bank “Orquideas San Pedranas”. The ladies are dedicated to their business endeavors ranging from animal husbandry to the sale of frozen fruit confections and ice cream, as well as tortillas. Another member has a shoe repair business. Some of the ladies have had no opportunity for a formal education while others have had only a few years. They each have from three to eight children.

The President of the group is 46-year-old Catalina who is married with eight children. She was only able to study in school until the second grade but realizes the tremendous value of a good education for her children and works very hard so that they can go to school. Along with her husband, Catalina has a shoe repair business that is important in their town since buying new shoes is a luxury. She also has an animal husbandry business. In addition, Catalina sells a variety of ice cream and chocolate covered fruit. She is requesting a loan that she will use to buy supplies like glue and leather for her shoe repair business.

Catalina and her friends in the Trust Bank participate in educational training during the monthly training and learn about nutrition, health, hygiene and the use of medicinal plants. They are able to pass this newly acquired knowledge on to their children. In order to manage their businesses very effectively, the women gain useful business tools including planning, budgeting, pricing, marketing, customer service and accounting.

Kiva lenders play a very valuable role in funding loans for Catalina and the members of the “Orquideas San Pedranas” Trust Bank. It would be impossible for them to walk into a bank and secure a loan. Thank you, Kiva lenders, for your kindness and generosity!