A loan of $2,950 helped a member to buy seeds to plant green beans and to purchase fertilizers.


Las Estrellas De Xenacoj Group's story

Las Estrellas de Xenacoj (the Stars of Xenacoj) Trust Bank consists of eight women from Santo Domingo Xenacoj Guatemala. The women are on average 36 years old, and they are engaged in a range of activities such as: purchasing and selling traditional clothing, growing and selling agricultural products, selling snacks, and weaving Guatemalan textiles. Out of the eight women in the group, six never received any formal education, and only two have finished high school.

One of the farmers among the group is Anselma who is 34 years old and has four children (three boys and a girl). Although Anselma never went to school, she is a hard worker and has a strong desire to succeed and build a better future for her children. She and her husband have been farmers for several years, and currently cultivate 10 acres of land.

Anselma is requesting a new loan from Friendship Bridge in order to obtain additional working capital in maintain their land. They will use this loan to buy seed in order to plant green beans and to purchase fertilizers. Their farm has been so successful that they have hired three full-time employees. Anselma and her husband make product deliveries to an export company every two days, so employing help ensures that the farm maintains high levels of productivity and efficiency. This dedication to quality products continues to generate a steady income for the family.

"I am very anxious to receive this new loan to continue cultivating green beans. Our business feeds us, and also helps us to provide education to our children. I am happy because one of my children is starting middle school and the other one is in sixth grade. My husband and I appreciate the support we have received so far, and I hope to continue (with Friendship Bridge and KIVA) for a long while," explains Anselma.

In this group: Maria Juana Concepcion, Adela, Mayna Veronica, Griselda Hermenegilda, Juana Cruz, Anselma, Maria Victoria*, Teresa
*not pictured



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Loan details