Funded

Total loan: $3,275
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Cañaveral Group


A loan of $3,275 helped a member to buy more sheets, towels, and children’s clothing to sell door to door.


Cañaveral Group's story

The eleven hard-working women of this group live in San Antonio, Suchitepéquez, Guatemala. They named their group Cañaveral because sugar cane thrives in their area and they want their businesses to thrive as well. The businesses they have include selling fish, corn, cookware, household goods, clothing, ice cones and one woman has a small store. The group was acquainted with some women who had worked with Namaste and whose businesses had prospered. They formed their group and asked to be accepted into the program. They are eager to get the financial classes and business advice that Namaste will provide along with their loan. They look forward to the increased sales and profits that will improve life for their families.

Cristina (first from right) is 46, and the mother of four children, two of which are still in school. Ten years ago, she became a widow when her husband was killed in an automobile accident. She was left, far from her family, with no way to support her children. She moved back to live near her family and started a business making tamales and enchiladas. From that business, she was able to save enough money to start her current business selling sheets and towels door-to-door. One of her older children helps her out a little financially, and the two school age children sell door-to-door when they are not in school. With her loan she is going to increase her stock and also buy children’s clothing to sell along with the sheets and towels. Her dream is to have all her children finish their schooling, since she did not have the opportunity do so. Her current monthly sales are approximately 4,200 Guatemalan Quetzales (US $550) with a profit of approximately 1,170 Guatemalan Quetzales (US $155). During the next nine months she hopes to increase her sales by 25% and her profits by 36%.

In this group: Cristina, Carmelinda, Carlota, Maria Alejandra, Brenda Leticia, Maria Amparo, Catarina, Juana Modesta, Maria Dolores, Flora , Bartola
*not pictured



Loan details

Loan length:

10 months
Disbursed date: January 17, 2014
Facilitated by Field Partner: Fundacion Namaste Guatemaya

Lenders and lending teams



Loan details

Loan length:

10 months
Disbursed date: January 17, 2014
Facilitated by Field Partner: Fundacion Namaste Guatemaya