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Shalom Group
In this Group: Maria Victoria , Herlinda Eugenia , Catarina Noemi , Olivia Esmeralda , Juana Bautista , Mirna Lizbeth , Juana , Paulina Marleny , Petrona
The nine women in the Shalom Trust Bank are very excited to start their fifth loan cycle. The capital from the new loan cycle will be used by the Trust Bank members to boost the productivity of their businesses – benefiting not only them but also their families. Having named their group "Shalom" (Peace) for a reason, the members hope every loan cycle brings their families closer to contentment.

Most group members are from the municipality of Olintepeque in Quetzaltenango, Guatemala. Olintepeque has paved roads that connect its villages, with farms scattered among the villages. Residents of the area are primarily engaged in growing corn, wheat, beans, green beans, peas, oats, potatoes, and fruits. Some residents make crafts, including jewelry, leather, wax and wood. The languages spoken in Olintepeque are Spanish and K'iche.

Olivia, who is one of the youngest members of the Shalom Trust Bank, is 24 years old and is a single mother of two boys (an eight-year-old who is already in school and a two-year-old). Olivia is a street vendor who sells fruits and pupusas (a type of traditional food), which she has been doing for about eight years. She sells in eight different villages and works six days a week. Some days, Olivia leaves home at 6:30 a.m. and does not return until 8 p.m.

Having never completed her education, Olivia decided to go back to school and is now in the fifth grade. She hopes to continue learning and, one day, become a teacher. For Olivia, being part of Friendship Bridge and having access to small loans is really helpful because she can now earn an income to support herself and her two children, give her children an education and continue her own education.

With a new loan through Kiva lenders, Olivia will buy a variety of fruits so that she can continue to expand her business—her clientele is growing and she needs to keep up! Besides completing her education, Olivia dreams of one day owning a proper storefront to sell her fruit. She struggles with her business during the rainy season because it is difficult to travel. With a storefront, her clients would know where she is at all times and be able to come to her.

Olivia and her fellow Shalom Trust Bank members are thrilled that people from other countries want to help them. They are grateful for the support of Kiva lenders because they are not only gaining financial assistance but also they are building success. The Shalom Trust Bank sends their blessings.

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
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Shalom Group's $4,575 loan helped a member to buy a variety of fruits and chickens.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 19, 2012
Apr 26, 2012
Currency Exchange Loss:
May 17, 2013