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!
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.