A loan of $4,050 helped a member to buy a variety of threads and yarn.

Fatima Group's story

The large town of Nahualá is located in the state of Sololá in Guatemala. The Friendship Bridge Trust Bank, Fatima, is located here. Seven enthusiastic women, whose average age is 42, formed the Fatima Trust Bank and live in this community. As is common in many indigenous rural areas in Guatemala, the ladies have been weavers since childhood. They sell their textiles in their own community as well as in surrounding areas. One of the women sells cosmetics and another sells snacks.

Agripina, a married 55-year-old woman, works in textile production, mostly crafting beautiful typical skirts called “cortes.” She delivers to her clients each week and has two full-time employees. At this time, Agripina is requesting a new loan from Friendship Bridge that she will use to purchase a variety of good quality threads and yarn. Since the year-end holidays are quickly approaching, Agripina wants to fill existing orders as well as additional incoming orders.

One of her three children is starting college next year and this is motivating her to work diligently before the year ends so that she can have enough extra funds to help him with educational fees. A common goal among the women in Friendship Bridge Trust Banks is to have enough money so that their children can attend school, an opportunity that many of them missed. Agripina shares, “I could only study for three years, but I will encourage my children to reach college. I will do my best to help them because I know that it is so important. Because of my business and the income it provides, I think this is a real possibility.”

The seven women of the Fatima Trust Bank greatly appreciate the opportunity to receive this new financial capital for their businesses. Empowered with their funds and a little education on subjects like business management, family health and self-esteem, they are poised to realize a better life benefiting themselves, their families, and their community!

In this group: Elena Maria Lucrecia *, Catarina , Ana , Maria , Magdalena Imelda , Manuela , Juana Agripina
*not pictured

Loan details

Lenders and lending teams

Loan details