100%

funded

Total loan: $5,725

Fe Y Esperanza San Juan Group

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San Juan Sacatepequez, Sacatepequez, Guatemala Department, Guatemala / Retail

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A loan helped to buy various colors and patterns of textiles so that she can continue to sew.


Fe Y Esperanza San Juan Group's story

Friendship Bridge works with over 22,000 indigenous women in rural Guatemala where the rate of poverty is the highest. Through microfinance and education, the organization helps these women empower themselves to create a better future for themselves, their families and their communities. Eleven women in the town of San Juan Sacatepéquez have formed the Trust Bank “Fe y Esperanza San Juan” or “Faith and Hope San Juan”.

The Trust Bank’s Secretary is Marta who is 40 years old and only reached the 6th grade in school. She sews and sells typical blouses called “huipiles” that are very colorful and intricately decorated. She is very proud to have this business since it allows her to create income to support her family and even more importantly, the education of her children. She is requesting a loan to buy various colors and patterns of textiles so that she can continue to sew. This is especially important at this time of the year when holidays, graduations and other year-end events happen

The ladies of “Fe y Esperanza San Juan” have various small businesses including wooden furniture manufacture, cosmetics and perfume sales, traditional and modern textile production, a bakery (cakes and pies), a flower arrangement business and a “tortilleria” where tortillas are freshly made three times each day. The average age of the group is 35.

Thank you, Kiva lenderrs, for your generosity and kindness in funding loans for Marta and her friends in the Trust Bank. They all share the common vision of a world in which empowered women can eliminate poverty.