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Estrella De San Gabriel Group
In this Group: Francisca Cleotilde, Rosa, Irmina, Maria Cristina, Martha Maria
The women of the Estrella de San Gabriel are entering the second nine month cycle of Namaste business advice, financial education and a small loan. They all did very well in the first nine month cycle. Most of the women in this group, from the very small town of San Gabriel, Suchitepequez, have tortilla making businesses and one woman sells other food items. Only one woman in the group can read and write. The women have made good progress with their businesses as Namaste is the first organization to give them the opportunity to learn how to manage their business and their money, in addition to offering microcredit.

María Cristina, second from the left in the photo, is a 37 year old mother of two children, one in school and one still too young for school. With her business, making and selling tortillas, she is able to send her children to school. She has had this business for seven years. During her first nine months with Namaste she moved her business from a stall in the central market in the nearby city of Mazatenango to a stall she rents in the bus terminal in her small town of San Gabriel. With her new loan of she plans to buy a wood table on which to put her tortilla baskets and she will also buy in bulk the corn for the tortillas and the wood for cooking them.
Currently she sells about 28,000 tortillas in a month, and her business plan for the next nine months has her selling 7,000 more, including sales at breakfast time. Her projections are that over these nine months, when she can buy her materials in bulk, she will increase her monthly sales from the current Q5,600 (US $718) to Q7,000 (US $897) with a profit of Q2,656 (US $340).

Additional Information

More information about this loan

In addition to a micro-loan, through its Business Development Program, Fundacion Namaste Guatemaya, provides its borrowers with the business support that will help their enterprises grow. 

Namaste provides financial literacy, business education, cash flow analysis, and opportunities for entrepreneurs to to share experiences and best practices. The capstone of their model are Business Advisors that provide each borrower with one-on-one mentoring.

Namaste measures it success through the increase in profits of its borrowers. Of the more than 900 Namaste borrowers who have completed the business development program, on average their profits increased by 41%.  Namaste clients are averaging USD2.50 per hour vs the Guatemala minimum wage of UDS1.00. 


About Fundacion Namaste Guatemaya

Fundacion Namaste Guatemaya (Fundacion Namaste) is a non-profit organization in Guatemala that focuses on empowering women with microloans and mentoring. Its flagship program is the Namaste Business Development Program (NBDP), which combines personalized mentorship, financial literacy and customized microloans to help women entrepreneurs formalize their business models and increase their profits.

To date, approximately 1,000 women have completed the NBDP program, and over 500 women are actively enrolled. Kiva lenders’ funds enable Fundacion Namaste to reach even more women in Guatemala, particularly in rural and idigenous communities.

Fundacion Namaste joined Kiva through our Experimental Partnership Program, and has therefore received a lighter level of due diligence. Accordingly, loans associated with this partner carry a higher level of risk than typical Kiva loans.

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
  • 115
    View loans »
    Guatemala Loans Fundraising
  • $11,661,325
    Funds lent in using Kiva
  • 7.9
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Estrella De San Gabriel Group's $1,175 loan helped a member a portion of the Estrella de San Gabriel (St Gabriel’s Star) group will be used by María Cristina to buy in bulk raw materials to make tortillas.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Aug 26, 2013
Aug 30, 2013
Currency Exchange Loss:
Jun 17, 2014