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Flor Del Lago Santa Catarina Group
In this Group: Juana Lopez, Marcelina Sajvin , Matea Cotzal , Virginia Lopez, Maria Nimacachi, Maria Lopez, Ana Nimacachi, Sonia Leticia Sajvin, Antonia Nimacachi, Guadalupe Cotzal, Maria Rosario Pablo
Santa Catarina is a small town on the shore of beautiful Lake Atitlan, Guatemala. Tourists explore and buyartisan goods, school children play games during their recess breaks, and pickup trucks and tuc-tucs (small taxis) whizz by.

Eleven women applied to receive another loan with Friendship Bridge. The group is called Flor del Lago Santa Catarina, which means Flowers of the Lake Santa Catarina. For many, it is their 10th or 15th loan. They chatter away in Kaqchikel (one of the many indigenous languages in the area) and anticipate with excitement the arrival of the loan officer and the opportunities he brings.

Maria is 47 years old and has been a member of the Flor del Lago trust bank the longest. Her business is buying and reselling typical Guatemalan goods such as huipiles (traditional blouses), textiles (such as tablecloths and tapestries), and bracelets.

She requests a new loan to buy more textiles and have a greater variety of goods to sell. She appreciates the investment that Friendship Bridge and Kiva investors are making in order to support her and the other members of the Flor del Lago trust bank. Maria says, “With this investment, my business will grow even more. It has changed the life of my family and it is a huge support.”

Maria didn’t have the opportunity to go to school. Unfortunately, this is the norm. Eight of the eleven women didn’t attend school at all and the other three only had minimal primary education. However, all of the women realize the importance of an education. Another woman in the group, Doña Virginia is a single mother and says, “Without Friendship Bridge, I wouldn’t be able to send my kids to school. With this support, I can.” She happily reports that her four school-age children are in school.

Maria, Virgina and all of the women in Flor del Lago want to thank Kiva investors. They say it is a huge help and even though they can’t come to know everyone who invests in them, it makes them very happy that there are people who support them.

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
  • 46
    View loans »
    Guatemala Loans Fundraising
  • $12,572,075
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Flor Del Lago Santa Catarina Group's $6,225 loan helped a member to Increase her textile inventory.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jun 12, 2014
Jun 20, 2014
Currency Exchange Loss:
Jan 17, 2015