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4Th Of February Group
In this Group: Urda Reyna, Dulce Celeste, Maria Herlinda, Amalia, Maria Isabel, Evelyn Johana, Maria Crsitina
This group of women, who call themselves the 4th of February, are entering their second loan cycle with Namaste. They all live in Sumpango, Sacatepéquez, Guatemala. During the first nine-month cycle there were twelve women entrepreneurs. By the end of the nine months the women had paid off the loan from their first business cycle. Now seven of them are going on to a second nine-month cycle. They all have businesses in the food sector, such as selling vegetables, fruit, lunches and snacks.
Urda (first from left) is 40 years old and married with one grown daughter. She is illiterate. Her husband helps support the family by working as a bus driver. Urda’s business is selling snacks and lunches. She is very greatful to Namaste for teaching her how to run her business and how to grow it. With her daughter’s help she now has good business records. From her Namaste business advisor she has learned how to control her expenses and improve the way she presents her products. During the first business cycle she used part of her loan to acquire a new stove. This allowed her to increase her earnings just by adding the sale of tortillas.
With her second cycle loan she wants to purchase products for her inventory that she now does not carry but for which there is demand. She also wants to continue improving the physical business environment, with the goal of eventually converting the space into a restaurant. In this restaurant she would like to serve the favorite dishes of the people in her community.
During the first cycle she increased her sales by 33% and she hopes for another 24% increase during this nine month cycle.

Additional Information

More information about this loan

In addition to a micro-loan, through its Business Development 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. 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.

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
  • 50
    View loans »
    Guatemala Loans Fundraising
  • $12,557,600
    Funds lent in using Kiva
  • 7.7
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of 4Th Of February Group's $3,750 loan helped a member to purchase products for her inventory that she now does not carry but for which there is demand.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Apr 11, 2014
May 5, 2014
Currency Exchange Loss:
Feb 17, 2015