Microloans Help Guatemalan Women Reach Their Goals

by MayaWorks
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!

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Organization Information

MayaWorks

Location: Berwyn, IL - USA
Website: http:/​/​www.mayaworks.org
Project Leader:
Jeannie Balanda
Executive Director
Chicago, Illinois United States