A loan of $2,000 helped a member eXPANDING THEIR INVESTMENT TO MAKE ARTESAN CLOTHING.


Juana Nicolasa's Group's story

“La Bendicion” (The Blessing) Communal Bank was created by a group of enterprising women with initiative who are dedicated to diverse activities. A total of 11 women are members and they were organized by Mrs. Elia Lucia, a 42-year-old, responsible, honest woman who is very respected by society. She is dedicated to the art of weaving, making typical clothing for women. Recognizing that she needed some capital to increase her business's productivity, she created this bank. It has been 6 months since it was formed and it has benefited all its members.

They approached the office of ASDIR to request financing to cover their customer demand and provide better conditions of life for their families. The group is located in Juchanep Canton in the municipality and department of Totonicapán.

In this group: Juana Nicolasa, Elia Lucia, Eva Felisa , Marcelina , Gilberta Violeta , Joba Elena , Otilda Marta , Santos Rebeca , Tomasa Soledad, Roxana Adelaida, Ana Martina
*not pictured

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Translated from Spanish by Kiva volunteer Harold Dana Sims, PhD



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