Microloans Help Guatemalan Women Reach Their Goals

 
$9,842
$15,158
Raised
Remaining
Apr 20, 2011

MayaWorks Funds 11 New Micro-Loans in April

MayaWorks has funded 11 new projects in the San Marcos La Laguna community totaling $5,000 in micro-loans.  Because they live on the shores of Lake Atitlán, a popular vacation destination, most women will use their loan to purchase materials to weave products to sell to the tourist market.  Others plan to use their loans to plant coffee seedbeds and then sell the seedlings to local farmers.

We feel the way to fight global poverty is to focus on women because we know, when women earn an income, they reinvest 90% of it into their families. These projects are made possible because of donors who are committed to the economic development of women.  Thank you again from the field!

Comments:

About Project Reports

Project Reports on GlobalGiving are posted directly to globalgiving.org by Project Leaders as they are completed, generally every 3-4 months. To protect the integrity of these documents, GlobalGiving does not alter them; therefore you may find some language or formatting issues.

If you donate to this project or have donated to this project, you will get an e-mail when this project posts a report. You can also subscribe for reports via e-mail without donating or by subscribing to this project's RSS feed.

donate now:

An anonymous donor will match all new monthly recurring donations, but only if 75% of donors upgrade to a recurring donation today.
Terms and conditions apply.
Make a monthly recurring donation on your credit card. You can cancel at any time.
Make a donation in honor or memory of:
What kind of card would you like to send?
How much would you like to donate?
  • $12
    give
  • $30
    give
  • $75
    give
  • $225
    give
  • $12
    each month
    give
  • $30
    each month
    give
  • $75
    each month
    give
  • $225
    each month
    give
  • $
    give
gift Make this donation a gift, in honor of, or in memory of someone?

Organization

MayaWorks

Berwyn, IL, United States
http://www.mayaworks.org

Project Leader

Jeannie Balanda

Executive Director
Chicago, Illinois United States

Where is this project located?

Map of Microloans Help Guatemalan Women Reach Their Goals