A loan of $1,400 helped a member to buy in bulk the items families want to buy when they pick up their children at school.

Esperanza Viva (Hope Is Alive) Group's story

The nine women of the group Esperanza Viva (Hope is Alive) live in the small Cocales neighborhood of Nahualate, in the municipality of San Antonio, Suchitepéquez, Guatemala. They gave this name to their group because they hope that with their hard work and the support of Namaste money management classes and the Namaste Business Advisor they will meet their business objectives, increase their incomes, and improve their lives. These women are all very poor, have very little education and live in very simple houses, some with dirt floors. They have a variety of businesses such as local clothing sales, corn and corn meal sales, chicken meat sales, meal preparation and a very small store.

Doña Tiburcia (1st from left) is a 58-year-old widow with a third-grade education, and 11 children, all grown up. Her husband was killed 11 years ago in a robbery. At that time she did not work, but she had to earn money. She started working in a nursery, saving a little money so that she could someday start her own business. After a few years she was able to start selling snacks and then started a small store in front of a public school. Her goal is to increase her inventory of the items that the mothers and children at the school want to buy.

Tiburcia has been invited by the local public school to talk on Mother’s Day to tell her story. On these occasions, she talks about her life to show other women that when you have a dream and you work hard, there is nothing that can stop you. Her children (two of whom live with her and help her) are very proud of her.
Her current profit is about US $245 working 125 hours per month. Her objective during this nine-month Namaste cycle is to improve her profit by 27% to about US $312.

In this group: Tiburcia, Olga Marina, Rosa, Maria Benita, Victoria, Juana, Carlota, Elizabeth, Raymunda Catarina
*not pictured

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Loan details