Tomasa – Chichicastenango, El Quiche, Guatemala / Textiles

Tomasa – Chichicastenango, El Quiche, Guatemala / Textiles

Eleven Maya K’iche’ women formed the Friendship Bridge Trust Bank “Flores De Chontola” located in the state/department of El Quiché. The women in this area are known for wearing their colorful, traditional outfits of embroidered blouses or “huipiles,” woven wrap around skirts or “cortes,” and elaborate belts or “fajas.” They are beginning their fifth loan cycle with Kiva, and look forward to infusing new capital into their artisan businesses weaving traditional belts that are hand embroidered with designs native to their community. They sell their products in markets outside their community. Most of the women have a sixth grade education.One of the members with a sixth grade education is 25-year-old Tomasa. She is the mother of a son (age 6) who has not started school. She has a small business embroidering belts with traditional designs of the Maya K’iche’ culture. Tomasa wants to create new and more attractive designs, and is requesting a loan to buy a variety of multicolored thread from different companies, as well as new woven belts on which she can embroider. Tomasa and her friends participate in monthly educational training sessions on topics like sound financial practices, hygiene, health, nutrition, and women’s rights. These educational sessions help them to make good decisions and develop leadership skills. The combination of loans and education, or the “Microcredit Plus” program, empowers the ladies who strive to move from poverty into a brighter future. Thank you, Kiva investors!

In this group: Herminia, Sebastiana Isabel, Josefa, Marta, Tomasa, Felipa, Estela, Nicolasa, Rosa, Tomasa Cecilia, Marta, Tomasa, Selena, Manuela, Silveria

f her family.

This loan is special because:

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

A loan of $6,500 helps a member to buy a variety of multicolored thread from different companies, as well as new woven belts on which she can embroider.

Kyu Kyu’s Group – Myanmar (Burma) / Food Stall

Kyu Kyu’s Group – Myanmar (Burma) / Food Stall

Kyu Kyu's Group - Myanmar (Burma)

Food Stall
The featured borrower, Kyu Kyu, has a business selling food (Dosa, Puri, boiled mutton) at the corner of the street in Dala township. She is 34 years old and has over 15 years of experience in this business.Her small shop is in a busy area and has potential to improve, if she can invest more.She is requesting the loan to buy firewood, as well as rice, beef, and ingredients to make the snacks.

She borrowed from local lenders for capital in the past, however, she had to repay with higher interest rates and got less profit.

She also participates and donates to social and religious events in her community. She gives thanks to lenders, because with this loan, she can invest more in her business and use the profits for her family expenses.

In this group: Kyu Kyu, Sain Moh, Yee Yee


A loan of $625 helps a member to purchase ingredients (rice, beef, tomatoes, potatoes, etc) for her food stall.

Ramathan – Dar es Salaam, Tanzania / Home Energy

Ramathan – Dar es Salaam, Tanzania / Home Energy

Ramathan – Dar es Salaam, Tanzania

Home Energy

Ramathan Khabdalla is a 58-year-old, hardworking fundi in Tanzania. Nevertheless, he, his wife and both of their children have to watch the household budget carefully to get through the month.

Ramathan Khabdalla knows about the opportunities that come along with education. Therefore, he wants to offer his children a good education, and by now, all of them attend a nearby school.

To support them with their studies, Ramathan Khabdalla wants to buy a solar home system so that his children have more time for studying during the evening. Moreover, the family could get rid of the kerosene lamps they use at the moment, which cause severe health problems.

The solar system can also charge cell phones, which will increase the family’s income, as they can charge phones for their neighbors. Ramathan Khabdalla hopes that Kiva lenders support him so that he can buy a solar system for his family.

A loan of $475 helps to pay for his solar home system.

Miguelina – Bolivia / Agriculture

Miguelina – Bolivia / Agriculture

Miguelina is 49 years old, married, has adult children and her business is the production of maize grain, corn and potato.

She does her work in “Punata,” a rural area of predominantly agricultural production and known for its traditional beverages made from maize.

Miguelina lives with her family on one side of their crops. She has 5 hectares distributed between maize and potato. The production cycle is 6 months. The tools that help her are a sprayer, 10 hoes, 2 paddles, 2 trucks and 4 oxen that pull the plow. She makes her sales 2 days per week in two close-by communities. It is time to prepare the land and she needs to provide it with seeds, fertilizer and hire labor to remove the land and fertilize the soil. The advantage is that she has access to 2 weekly markets, and the disadvantage is the lack of rain.

Her dream is to dig another water well and buy more land. She wants to work the land to begin planting. With this loan she will buy seed and organic fertilizer, pay the rent for the machinery and hire labor. It is the first loan that she would receive from the institution in all her life.

It is for these reasons that Miguelina applies for a loan to buy fertilizer to prepare the land and begin planting of maize and with the benefits she will dig a water well.

A loan of $1,450 helps to buy organic fertilizer to prepare the land and begin to plant maize, and with the benefits she will dig a water well.

 

Miguelina – Bolivia

Agriculture

Sergio Enrique – Mexico / Food Production/Sales

Sergio Enrique – Mexico / Food Production/Sales

Sergio Enrique – Mexico

Food Production/Sales

Sergio is an amazing person. He sells hot dogs in a small food stall. In his town, he is considered an exemplary entrepreneur, since he is the only person that sells hot dogs after 8 pm. Every day he is full of clients, and not only because of the taste of the hot dogs, but also for his personality; it’s so wonderful that it attracts people. He wants to grow; he wants to put up a restaurant, but he has a lot of problems. After 8pm, it gets really dark and he wants his clients to have visibility. Also, having light will increase his daily income since more clients will be attracted. This business will help Sergio not only to grow personally, but also he will be much more productive. He will be able to accomplish his dreams, and this way he will be able to give his kids a very good education.

A loan of $275 helps to purchase a solar energy home system to have a healthier energy source and be much more productive.