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Guatemala: Hortencias De Chujulimul Group: A loan of $6,150 helps a member to buy inventory like rice, beans, oats, milk, sugar, as well as other supplies that her clientele request.

Apr 21, 2017 (M2 PRESSWIRE via COMTEX) --

Hortencias De Chujulimul Group

Guatemala

Chichicastenango, Departamento El Quiche, Guatemala / General Store

A loan of $6,150 helps a member to buy inventory like rice, beans, oats, milk, sugar, as well as other supplies that her clientele request.

Hortencias De Chujulimul Group's story

The state/department of El Quiche, located in northwestern Guatemala, is largely agricultural where large quantities of corn, wheat, beans, potatoes, as well as many vegetables are grown. It is an area also with many talented artisans who weave/sew/embroider traditional textiles using cotton & wool.

The area is home to the Friendship Bridge Trust Bank "Hortencias de Chujulimul" formed by 8 ladies. The President of the group is a young 24-year-old woman named Juana who has a 4th grade education. She had a son when she was only 15 years old & he is now 9. She also has a 5 month old baby. Juana wants a different future for her children that includes a good education. Keeping this goal in mind, Juana has a convenience store. She is requesting a loan to buy inventory like rice, beans, oats, milk, sugar, as well as other supplies that her clientele request. Juana is proud to work with her husband to earn income so that the couple can create a brighter future for their children!

Juana & her friends participate in educational trainings, part of the "Microcredit Plus" program of Friendship Bridge (loans + education). They learn about themselves (reproductive health, self-esteem, empowerment), their families (nutrition, hygiene) & their businesses (budgeting, savings, prioritizing expenses). These educational trainings are vital to the success of these women because they have little or no formal education.

Thank you, Kiva investors, for funding these much appreciated loans!

In this group: Margarita Yolanda , Juana , Maria , Julia Elvira , Antonia , Maria , Claudia Maria , Tomasa

This loan is special because:

Clients receive in-depth trainings on business, health, over-indebtedness, and self-esteem.

Kate

Kiva staff

More about this loan

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).

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