A loan helped a member to buy flour, eggs, butter, and sugar. With these products, she is going to prepare bread to sell in her neighbourhood.

Escuela Vieja Group's story

The two women in the group Escuela Vieja (Old School) live in Chocolá, San Pablo Jocopilas, Suchitepéquez, Guatemala. Their ages are 21 and 36. One is married. One is single. One went to high school and one only through first grade. One bakes bread and the other makes tortillas and other prepared food.

They are starting their second cycle with the Namaste Creating Prosperity Program. They have had a good start at learning how to manage a business and are now looking forward to more financial literacy classes and more business advice from their personal business advisor.

Lesbia Carolina is 36, married with a son in middle school. She has finished high school. Four years ago, she started her business baking bread. Her customers order the type of bread they want and come to her home to pick it up. She has many regular customers. With advice from her business advisor she has added new types of bread and some cakes. She has also learned how to control her costs, and to buy ingredients when they are on sale.

She will use her loan to buy flour, eggs, butter, and sugar. Her goal for her business is to start selling in other neighborhoods. She dreams of having a much larger business.

When she started with Namaste her monthly net profit was 1,838 Guatemalan Quetzales ($239). At the beginning of this cycle it was Q3,215 ($418). She hopes to increase that to Q4,125 ($538) by the end of this cycle.

Pictured from left to right: Astrid and Lesbia.

In this group: Lesbia Carolina, Astrid Marilia Leticia

This loan is special because:

It provides mentoring for women entrepreneurs.

Loan details

Lenders and lending teams

Loan details