A loan of $3,325 helped a member to buy yarn and fabric.

Chucuxcabel Group's story

Chucuxcabel Trust Bank was formed in December of 2011. The Trust Bank, whose name means “cherry’s heart” is located in the western highlands of Guatemala in rural Patachaj, San Cristobal Totonicapan. Currently the group has ten members, half of whom are starting their third loan cycle. The other half are new members. The women's businesses include animal husbandry, weaving, embroidery and garment-making.

One of the women, Ana, is 32 years old and has one son. She makes skirts and embroidered blouses, typical of Guatemala, which she sells wholesale. She started her business five years ago, and joined the Chucuxcabel Trust Bank when it started in 2011, so that she could hire employees to help expand her business. Proudly, today she provides jobs to six women, all of whom are better able to support their large families because of their employment with Ana. In her third loan cycle with Friendship Bridge, Ana plans to buy yarn and fabric in preparation for the annual Easter holiday. This year she hopes her team will be able to start work early in order to meet the customer demand.

Ana and the other members of Chucuxcabel have paid back their previous loans and are requesting a new one. By allowing them to grow their businesses, the loans have a great impact on their lives and those of their families. Ana, in particular, has benefited from Friendship Bridge’s microcredit program which, in addition to the loans, provides monthly training sessions to discuss issues like women’s health, self-esteem, women’s rights, and business management.

The Chucuxcabel Trust Bank appreciates the help from KIVA investors as it encourages them to continue investing in Guatemala.

In this group: Rosa , Sebastiana , Ana , Alberta Carmelita , Abelina , Emilia Silvestra , Celestina , Santos Isabel , Micaela , Marcela

Loan details

Lenders and lending teams

Loan details