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Claveles Rojas Group
In this Group: Delcy Damaryz , Miriam Victoria , Aura Felisa , Jeniffer Aracely , Francis Johana , Marta Lidia , Edna Odiline
The Claveles Rojas (Red Carnations) Trust Bank is made up of seven industrious women from Patzun, Chimaltenango. Patzun is a community rich in agriculture and textiles; it also boasts beautiful landscapes as it is nestled in the central western region of Guatemala.

Women in the community wear traditional colorful outfits as they go about their daily lives. The women in the Claveles Rojas Trust Bank are hardworking and run businesses that include animal husbandry, agriculture and trade.

Jeniffer Aracely, a married women and mother of three, is one of the seven women who make up the Trust Bank. Her husband works in an aluminum factory in Guatemala City. Jeniffer has sold ice cream cones for seven years. Three months ago, she decided to use her sales skills more effectively and expand her business to selling vegetables. Five days a week she sells out of her home. Recently, she decided to rent a small space at the local market so she can sell to a new audience, two days a week. “My new business is going very well. Many customers return to me because I have good customer service. I learned a lot about customer service from Friendship Bridge along with other topics including pricing, budgeting and even women’s health,” explains Jeniffer.

On behalf of the Claveles Rojas Trust Bank, Jeniffer thanks the Kiva investors. “We appreciate the financial investment in our businesses and are excited as this helps improve the quality of our lives,” says Jeniffer.

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
  • 39
    View loans »
    Guatemala Loans Fundraising
  • $12,387,300
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Claveles Rojas Group's $2,225 loan helped a member to invest in selling vegetables and ice cream cones.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Oct 12, 2012
Oct 25, 2012
Currency Exchange Loss:
Jan 17, 2014