A loan of $2,950 helped a member to buy clothing to resell, including pants, shirts and tee shirts.

Perlas Preciosas San Pedro Group's story

“Perlas Preciosas San Pedro", meaning “Precious Pearls from San Padro”, is the name of a Friendship Bridge Trust Bank located in the lovely town of San Pedro La Laguna on the shores of Lake Atitlan in Guatemala. The nine women in the Trust Bank work in various small businesses, including the production and sale of handicrafts and traditional textiles, as well as a tortilla storefront where tortillas are freshly made and sold three times each day. Another lady has a convenience store where items for everyday consumption are sold.

Petrona, who is married with four children, is a motivated member of the Trust Bank. As the family is quite large and her husband’s earnings are not enough, Petrona has a clothing store. She is also a nurse. Petrona is starting her first loan cycle with Friendship Bridge and is requesting a loan which she will use to buy clothing to resell, including pants, shirts and tee shirts. She also sells traditional clothing. Petrona is most aware that this is a perfect time to sell to the influx of visitors that come to San Pedro at this time of the year because it is the “Fair of the Villages”, and sales will increase. She wants to realize increased income by having enough inventory.

The women in the Trust Bank are very aware of the value of education and its impact on themselves and their children. Petrona has a daughter who is about to graduate from high school this year. The women have had little or no education. They are most pleased not only to receive financial capital in the form of the small loans but also to participate in the non-formal educational component of their monthly meetings. A Friendship Bridge Loan Officer joins the ladies and shares information about business and money management, marketing, pricing and customer service. They also learn about women’s health, self esteem and domestic violence. The combination of the loans and education is called “Microcredit Plus” and it is unique to Friendship Bridge.

All of the ladies in the Trust Bank look forward to empowering themselves and eliminating poverty in their lives. The support of KIVA investors and Friendship Bridge is so very valuable and the women are most appreciative. Thank you to each KIVA investor!

In this group: Maria, Concha Edna Cecilia, Maria Olimpia, Zoila Cristina, Dolores, Petrona, Josefina, Dolores Mileily, Vicenta

Loan details

Lenders and lending teams

Loan details