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Mujeres Rukux Ulew Group
In this Group: Virginia, Isabel, Olivia, Marta, Elsa, Amalia, Elena, Olga, Felipa, Maria, Leidy, Estela, Herminia, Sofia

The Rukux Ulew trust bank is composed of 14 women, most of them mothers with young children. They all live in Aldea Saquitacaj, which is an isolated rural village deep in the department of Chimaltenango. Impressively, the majority can read and write. Together, they are more than just a “Banco Comunal,” but a tightly knit social group. They chat freely in both Spanish and their native tongue, Kaq’ichel. Hope for a better tomorrow is a common theme. It has united them.

Today is a day of excitement for this group of clients because they are going to receive their first loan at Friendship Bridge. Finally, the women of Rukux Ulew are going to have a chance to expand their business and, at least, attempt to have a sustainable source of income.

Almost all of the women have sustained themselves by raising animals and tending crops. These ladies believe that their 1350 Quetzales loan (an average of US $178), can launch them into the more lucrative business of Guatemalan weaving.

The loan would be used to buy fabric for their weaving. The women plan to do all the weaving themselves, and the finished fabrics would be sold in the nearby market in San Jose Poaquil.

It is impressive how most of these women have more than one business. Portfolio diversification is a strategy they are currently managing. This shows that, even though these women live in a remote area, they have managed to learn updated and sophisticated managerial skills.

These women hope that their future investment will increase their daily income and will help them achieve a better future, a future in which education for their kids is not just a dream, but a possibility.

Additional Information

About Friendship Bridge

This loan is administered by Friendship Bridge (FB), a nonprofit, nongovernmental organization that empowers thousands of impoverished Guatemalan women through its Microcredit Plus program. The program combines small loans averaging US$350 for four-to-twelve month loan terms with non-formal, participatory education.

As FB clients, women start, expand, or diversify their businesses and learn practical lessons on topics including business, health, and self-esteem. FB’s clients borrow as a group, forming Trust Banks (groups of 7-25 women who serve as co-guarantors of the loan and act as a self-regulating support network).

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Guatemala

  • $5,300
    Average annual income
  • 56
    View loans »
    Guatemala Loans Fundraising
  • $12,573,175
    Funds lent in using Kiva
  • 7.6
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Rukux Ulew Group's $2,500 loan helped a member to buy thread and fabric to weave traditional Guatemalan blouses.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Apr 9, 2008
Mar 25, 2008
Currency Exchange Loss:
Feb 15, 2009