Microloans Help Guatemalan Women Reach Their Goals

 
$9,508
$15,493
Raised
Remaining
Jul 19, 2011

27 Loans are Funded

Margarita and her sewing machine
Margarita and her sewing machine

Hello friends of MayaWorks!  I'm so pleased to report that 27 women are benefiting from MayaWorks microcredit loans.  They're using their loans for every venture under the sun from selling vitamins to raising pigs!  Our loan recipients are happy and they are making money!  And this means there is more income to provide better food for the family, send children to school and take care of elderly parents.

Our field staff just visited the women in San Marcos La Laguna who recently received microcredit loans.  The reports were very positive. Very few of these women have ever had loans in the past so they received more training and supervision and it has paid off.  These projects, which include belt-making, corn crops, and lumber sales, are going well and are expected to make the women a profit.

We are grateful to our supporters who continue to make these projects a reality for Maya women. ¡Mil gracias!

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Organization

MayaWorks

Chicago, 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