A loan of $1,425 helped a member to buy in bulk the supplies she needs for her business selling bubbles at fairs and fiestas.

La Paz Group's story

The eight members of the La Paz (Peace) group from San Miguel Dueñas have a variety of businesses including selling wood, cosmetics or flowers. There are also some tiny stores, food vendors and a business selling bubbles. The average age of this group of hard working women is 38 and they have had an average of four years of school. These women are excited to be part of this group since Namaste Guatemaya is the first organization to give them the opportunity to learn how to manage their business and their money in addition to offering microcredit.

Ingrid Yolanda (third from right) is a 37-year-old widow with four children - 3 sons aged 18, 17 and 16 and a daughter aged 12. Her husband died in an automobile accident when she was pregnant with her daughter. Her business is selling small bottles of bubble-making solution with wands for blowing bubbles. She mixes shampoo, a natural glue and water, and bottles it in small bottles. She also makes the wands out of wire. She sells these at fairs and fiestas throughout her part of the country. Bubbles are popular at Guatemalan fairs. She started this business when she was seven, to bring additional income to her parents. She continued the business when she was married and now she supports herself and her children with a little help from her oldest son who works as a construction helper. Her other children help her in her business. Only her youngest child is still in school.

Her monthly income is 2000 Quetzales (US $256) with a profit of Q1200 (US $153). With her loan she plans to travel to Guatemala City to buy solutions, bottles and wire in bulk. Her projected profit with her new business plan and buying in bulk is Q1876 (US $240) which is an increase of 56% and will allow her to better feed her family and perhaps allow one or two of the boys to return to school.

In this group: Gloria De La Cruz, Ingrid Yolanda, Felipa, Ofelia, Sandra Nohemi, Maria Francisca, Mirna Edith, Lesbia Carolina

Loan details

Lenders and lending teams

Loan details