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Ajkay Group
In this Group: Tomasa , Juana , Evastina , Tomasa , Tomasa Elena , Manuela , Micaela Lucrecia , Micaela , Antonia , Norma Elizabeth , Sebastiana
Manuela is a member of the Friendship Bridge Trust Bank “Ajkay” in Guatemala. She is 61 years of age, married, and has seven children. She works at her own food business during weekends in her own home. She sells typical Guatemalan appetizers including tostadas, tamales, and chuchitos that are like tamales made of corn, tomato sauce and meat. She also sells a hot corn beverage called “atole”. In spite of the fact that she is older, Manuela works hard and with her years of experience, she is able to make enough money to take care of her older husband, herself and her youngest son who is still in high school. She wants to see him graduate with a solid career and be able to access a good job. Manuela also wants her son to assist her with the administration of her business.

Manuela wants to secure a loan from Friendship Bridge to invest in her food business in order to increase the number of customers. She will use the funds to buy utensils and basic food items including grains because she wants to be sure that she has plenty of supplies when she is ready to make her delicious appetizers each weekend.

The ladies of the Trust Bank “Ajkay” have various businesses that include textile production, animal husbandry and stores where items for daily consumption are sold. During the monthly meetings, they meet with a Friendship Bridge Loan Officer who assists them with their loan cycle that lasts for ten months. The women also receive non-formal education trainings on subjects like women’s rights, leadership and self-esteem, as well as business management, indebtedness and accounting. Other themes include health, nutrition and medicinal plants.

The women of the Trust Bank are very grateful to have access to small loans and education because they realize that these are real tools that they can use to empower themselves, their families and their community. They express their appreciation to KIVA investors for providing them with the necessary capital to make their goals and dreams come true!

Additional Information

About Friendship Bridge

This loan is administered by Friendship Bridge (FB), a nonprofit, nongovernmental organization that empowers thousands of impoverished Guatemalan women through its Microcredit Plus program. The program combines small loans averaging US$350 for four-to-twelve month loan terms with non-formal, participatory education.

As FB clients, women start, expand, or diversify their businesses and learn practical lessons on topics including business, health, and self-esteem. FB’s clients borrow as a group, forming Trust Banks (groups of 7-25 women who serve as co-guarantors of the loan and act as a self-regulating support network).

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.


About Guatemala

  • $5,300
    Average annual income
  • 117
    View loans »
    Guatemala Loans Fundraising
  • $11,677,300
    Funds lent in using Kiva
  • 7.7
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Ajkay Group's $4,400 loan helped a member to buy utensils and basic food items including grains for ther food business.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Mar 24, 2014
Mar 29, 2014
Currency Exchange Loss:
Feb 17, 2015