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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 , Olga Marina , Brenda Lucia
The Trust Bank “Shalom”, meaning peace is located in the western Guatemalan highland town of Olintepque Quetzaltenango. The ladies are about to take their second loan from Friendship Bridge and this is also their second loan cycle trough KIVA. In the previous loan cycle, there were 9 women in the Trust Bank. However, for this new loan cycle, there are two additional members bringing the total to eleven business women. Their average age is 34 years and each has an average of four children. The capital from the new loan cycle will be used to boost the productivity of their businesses which will not only be valuable to them but also to their families and the community.

In the first loan cycle, we reported about a young 25-year-old woman named Olivia. Because of her loan and her diligent efforts, she was able to increase her business, keep her two boys in school and enroll herself in the 5th grade which she attends over the weekends. Olivia is eagerly awaiting another micro loan!

Brenda is an 18-year-old single mother of a beautiful daughter who is 14 months old. She was only able to attend school until the 7th grade as she had to take care of her daughter and needed to work to support herself and her daughter. In thinking of the future of her baby girl, she thought carefully about what she wanted to pursue and decided to begin to sell fruit. She works seven days per week and happily, the business is growing and doing well. Brenda wants to inject more capital into her business and for that reason; she is applying for her first loan from Friendship Bridge. She looks forward to purchasing more fruit and increasing her inventory.

The Trust Bank “Shalom” appreciates the confidence and support of KIVA investors not only for this second loan but also for the previous one. Brenda sums it up when she says, "We are aware of the commitment we have made and will carry out our responsibilities positively and successfully.”

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
  • 58
    View loans »
    Guatemala Loans Fundraising
  • $12,593,650
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Shalom Group's $5,725 loan helped a member to purchase a variety of fruits to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 17, 2013
Apr 27, 2013
Currency Exchange Loss:
Apr 16, 2014