A loan of $2,325 helped a member to buy a variety of colors of thread.

Las Rosas De Xenacoj Group's story

Many women in the Guatemalan highlands are dedicated to the production of textiles, and such is the case for the women from Santo Domingo Xenacoj. Seven months ago the Las Rosas de Xenacoj (Xenacoj Roses) Trust Bank was formed. This new Trust Bank consists of eight women, who are on average 33 years old. Their businesses focus on the production of typical clothing and housewares like blouses, fajas (sashes), and tablecloths. After seven months, all of the members of the Las Rosas de Xenacoj Trust Bank have successfully repaid their first loans and have now applied for a second loan cycle. In addition, two new members have been voted into the Trust Bank.

Dolores, a new member of the Las Rosas de Xenacoj Trust Bank, is 28 years old and married to a tailor. They are a new family as they just welcomed their first daughter into the world last year. Dolores makes fajas (sashes) in various colors and designs. She is known in the community for having beautiful designs and colors that all of her clients thoroughly enjoy. At this point, her business is doing quite well, so she approached Friendship Bridge to request her first loan of approximately US $256. She will use these funds to buy a variety of colors of thread that she will use in order to keep up with the current demand for her garments.

Dolores is very excited about the loan, as she has clients who regularly purchase from her. This means steady income for her and her family. As a young family, Dolores and her husband know that husbands and wives must work to support each other in order to provide the best life for their children. Dolores has a dream to own a storefront where she can showcase her products and gain more clients without neglecting her regular customers who continue to support her and purchase her products. Dolores has confidence and a business plan to do this and part of the plan relies on capital from Friendship Bridge.

The rest of the women in the Las Rosas de Xenacoj Trust Bank are grateful for the support of Friendship Bridge and KIVA investors. By endowing their Trust Bank with funding the women are already supporting the development of their families and their community.

In this group: Marta Delia , Lidia Piedad , Maria Isabel , Rosa Maria , Ruth Merici , Margarita , Maria Dolores , Sandra Beatriz
*not pictured

Loan details

Lenders and lending teams

Loan details