A loan of $5,000 helped a member to purchase thread to embroider and weave guipiles.

Las Margaritas De Atitlan Group's story

The women from the Margaritas de Atitlan group from Santiago Atitlan enjoy their community and like working in a group. Their main business activities are weaving and embroidery. They weave some items from the traditional indigenous outfit and embroiders the colorful designs on the top, which is known as a guipil. They sell these pieces to either intermediaries, local buyers or to people who order beforehand in the markets of Santiago and Panajachel, Lake Atitlan’s largest towns. During the rainy season (these months) their sales drop substantively. Otherwise, their microenterprises are doing well.

This credit has enabled them to invest in their small businesses. However, they consistently need more capital to continually spur the growth of their businesses. The credit they have requested will help them invest in not only cloth, dyes and thread, but in larger investments such as sewing machines and equipment.

The words of Maria del Carmen sum up the general sentiment of the mothers from this group, “I desire a better future for my kids and family.” She wants to enlarge the business so that life is a little easier.

In this group: Maria, Rosa, Rosario, Antonia, Dolores, Maria, Andrea, Candelaria, Juana, Mercedes, Magdalena, Micaela, Concepción, Maria, Josefa

Loan details

Lenders and lending teams

Loan details