A loan of $2,225 helped a member buy in bulk and grow better crops.

San Bartolo Chacaya 2 Group's story

Even though the women of the trust bank San Bartolo Chacaya come from different villages around Sololá, they have known each other for many years. They have gotten to know each other very well, says Francisca. For this reason a solid base of trust has been formed, and this factor allows the women to work with a social collateral.

The women of this group are mostly working in buying and selling foods. They carry their foods in baskets on their heads to the markets of Sololá and Panajachel. Four of the women sew clothes and one of them is working in embroidery. There are two women who have chickens to sell at the markets, one is buying and selling beef, and there are the others who sell all kinds of fruits and vegetables such as carrots, corn, beans, and potatoes. Marta, the president of the group, will invest her share of the loan to buy avocado trees. When the trees are grown, she can harvest and sell the avocados. Santos tells me she also sells avocados and beans at the markets of Sololá and Panajachel. Because of the different market days, she is able to go to both of the markets.

Francisca told me that none of the women went to school themselves, but they can say proudly that all of their kids are. Also, with the revenue they are getting back from their investments the ladies can fix up their houses; that is also great! The women of the group argue that the best thing about receiving a loan and investing it in their now profitable businesses is that they are creating opportunities they never had themselves for the ones they love most: their kids!

In this group: Marta, Maria, Francisca, Margarita, Magdalena, Maria, Santos, Cristina

Loan details

Lenders and lending teams

Loan details