A loan of $4,175 helped a member to buy palm material to make mats, as well as other materials.

Cruzche Iii Group's story

The state or department of Quiche (pronounced “key-che) is located in the highlands of northwest Guatemala and is quite culturally diverse and interesting. Most of the populations of this rural area work in agriculture as well as textile and handicraft production. One of the communities located in Quiche is “Cruzche” meaning “tree cross”.

The Friendship Bridge Trust Bank “Cruzche III” was formed in 2012 and consists of thirteen hard-working and determined women. The ladies are applying for a new loan with Friendship Bridge in order to sustain and grow their businesses. They are very motivated to succeed and look forward to their monthly meetings where they also receive trainings on subjects like effective business practices, indebtedness, women’s health, children’s nutrition and self-esteem. Almost all of them have had very little or no formal education.

Fermina is the 36-year-old Secretary of the Trust Bank. She is married and has five children. As three of the children are still dependent on Fermina and her husband, the couple makes many sacrifices so that they can meet the basic needs of the children. They realize that education is a vital key to their successful futures and so the couple works hard. Fermina fabricates palm mats and delivers 50 each week to the local market. She is requesting a new loan with Friendship Bridge which she will use to invest in additional palm material for the mats as well as other materials. Fermina wants to take advantage of this time of the year to buy quantities of raw materials because this is the most economical time to make purchases as costs are down.

Each of the ladies in the Trust Bank is most grateful to Kiva investors and Friendship Bridge for this vital support which is really a lifeline for them. With these loans, the women can maintain or grow their businesses. With the monthly trainings, they can arm themselves with new knowledge to live their lives. The combination of loans and education is a winning one for the ladies of the Cruzche Trust Bank. They are able to step more confidently and empowered into a brighter future and create a better life for themselves, their families and their community.

In this group: Paulina, Juana Susana, Fermina, Lorenza, Virginia Jacinta, Maria, Marcela, Ambrosia, Juliana Isabel, Catarina, Catarina

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