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Bienaventuradas I Group
In this Group: Estela, Juana, Manuela, Florentina, Berta, Dominga, Maria, Hilda, Santos, Martha, Maria, Felisa, Vicente, Candelaria
View original language description ↓
The meetings of the Bienaventuradas Communal Bank are exceptionally festive. The women have been working together for many years and that greatly helps the consolidation and integration of the group.

The disbursal took place during an intense but typical rainstorm in the district of Maza. Despite the rain, one could hear the unsurpassable laughter. During the meeting, the group was interviewed. The women told me that the majority works reselling used clothing and breeding animals. It seems that in this part of Guatemala, raising bulls, pigs and chickens is very profitable, especially during the holiday seasons. The women are very satisfied with their credit and for that reason have been requesting a loan from the institution for more than three years.

The women are not only grateful to Friendship Bridge for the financial help lent to them, but also for the educational assistance. They told me that the information about women’s preventive health and the use of herbal medicines provided by the Bacilia credit agency was very helpful. Also, the women feel that the knowledge gained about women’s rights and inter-family violence was very valuable for some members of the group.

Programs like Friendship Bridge that offer easily accessible credit to clients who live in rural areas, in addition to education about health and women’s rights, are important to the development of Guatemala. This is because for many years the poor, especially women, have been discriminated against by the system. These institutions give them a chance to grow as individuals. Through Kiva, you are also contributing to the development of the country and giving them an opportunity.

Translated from Spanish by Hugh Yarbrough, Kiva Volunteer.

Las reuniones del banco comunal Bienaventuradas son excepcionalmente alegres. Las mujeres han venido trabajando juntas desde hace ya muchos años y eso ayuda mucho a la consolidación he integración del grupo.

El desembolso se llevó acabo durante una intensa, pero típica, lluvia en el cantón Maza. A pesar de la lluvia uno podía escuchar las risas inigualables. Durante dicha reunión procedí a entrevistar al grupo. Las compañeras me contaron que la gran mayoría de ellas trabaja en el negocio de reventa de ropa y la crianza de animales. Al parecer en esa área de Guatemala la crianza de toros, cerdos y pollos es M. rentable, especialmente en épocas festivas. Las mujeres están M. contentas con su crédito, es por eso que han venido solicitando un préstamo a la institución por más de tres años.

Las mujeres no solo están contentas con Friendship Bridge por el servicio financiero que se les presta, sino por el educacional también. Ellas me comentaron que las capacitaciones impartidas por la agente de crédito Bacilia, de salud preventiva de la mujer y la utilización de plantas medicinales fueron M. provechosas. Asimismo, las clientas consideraron que la capacitación sobre derechos de la mujer y violencia intrafamiliar fue de mucho valor para algunas integrantes del grupo.

Programas como Friendship Bridge que otorgan créditos cómodos a clientas que viven en áreas rurales y capacitaciones en salud y derechos de la mujer son M. importantes para el desarrollo de Guatemala. Esto se debe a que por muchos años los pobres, especialmente las mujeres, han sido marginalizados por el sistema y estas instituciones les brindan oportunidades para salir adelante. Por medio de Kiva tú también estas cooperando con el desarrollo del país contribuye a darles esta oportunidad.

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
  • 57
    View loans »
    Guatemala Loans Fundraising
  • $12,593,650
    Funds lent in using Kiva
  • 7.6
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Bienaventuradas I Group's $4,300 loan helped a member sale of used clothing and animal breeding.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 29, 2008
Apr 11, 2008
Currency Exchange Loss:
May 22, 2009