A loan helped a member to buy detergent, beans, corn, beverages, and other items requested by her customers.

Pila Grande Group's story

The three women of the group Pila Grande live in Samayac, Suchitepéquez, Guatemala. They range in age from 37 to 45. One went to high school, one to second grade and one never went to school. One has a small store. Another sells traditional clothing door to door. The third makes and sells tortillas from her home. They are starting their second loan cycle with the Namaste Creating Prosperity Program. They have had classes in financial literacy and received business advice from a personal business adviser. Their first cycle was a difficult one because of constraints imposed due to COVID-19. They ended up with less net profit than when they started. Yet they repaid their loans and are anticipating an upswing in business.

Micaela is 37 and married, with a high school education. She has one son in middle school. Her business is a small store selling daily necessities that she operates out of the front of her home. She has learned a lot from her work with Namaste. She now tracks her sales and expenses. She has increased the variety of items she sells. She will use her loan to buy detergent, beans, corn, beverages, and other items requested by her customers.

When she started with Namaste her monthly net profit was 2069 Guatemalan quetzales ($269). At the beginning of this cycle her monthly net profit was Q1,976 ($258). She hopes to grow that to Q2,718 ($355) by the end of the cycle.

Pictured from left to right: Antonia, Micaela and Tiburcia.

In this group: Micaela Jeronima De Fatima, Antonia Carmelinda, Tiburcia

This loan is special because:

It provides mentoring for women entrepreneurs.

Loan details

Lenders and lending teams

Loan details