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Additional Information

More information about this loan

This is a unique loan product as repayments are linked to a percentage of profits. Borrower will pay a percentage of profits up to two-times the original principal. By linking repayments to profits, instead of fixed repayment amounts, borrowers can be assured that Namaste is really commited to making their business succeed. 

In addition to a micro-loan, through its STARZ 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 and with this product, it is explicitly linking repayments to those profits. 

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.


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
Ended with Loss - Defaulted
A loan of $2,550 helped this borrower to buy new materials, such as specialty paper and stuffed animals, and special tools for working with wood and ceramics.
Repayment Term
24 months (Additional Information)
Repayment Schedule
At end of term
Dec 12, 2013
Dec 3, 2013
Currency Exchange Loss:
Jan 28, 2016