{"id":49672,"date":"2023-05-22T13:21:48","date_gmt":"2023-05-22T17:21:48","guid":{"rendered":"https:\/\/staging24.finca.org\/uncategorized-en-gb\/from-struggle-to-success-how-finca-is-empowering-families-in-guatemala"},"modified":"2024-11-04T02:27:20","modified_gmt":"2024-11-04T07:27:20","slug":"from-struggle-to-success-how-finca-is-empowering-families-in-guatemala","status":"publish","type":"post","link":"https:\/\/finca.org\/en-gb\/from-struggle-to-success-how-finca-is-empowering-families-in-guatemala","title":{"rendered":"From Struggle to Success: How FINCA is Empowering Families in Guatemala"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><em>This article was originally published on <a href=\"https:\/\/www.globalheroes.com\/finca-empowering-families-in-guatemala\" target=\"_blank\" rel=\"noreferrer noopener\">Global Heroes<\/a>. <\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Poverty is an all-too-common reality for families in Guatemala, where even basic necessities like food can be hard to come by. But <a href=\"https:\/\/finca.org\/en-gb\" target=\"_blank\" rel=\"noreferrer noopener\">FINCA.org<\/a>, an international microfinance organization, is working to change that. For over 30 years, they have been empowering people in Guatemala to pursue and achieve their dreams through sustainable approaches to poverty alleviation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">FINCA\u2019s microfinance initiatives have provided working capital to Guatemala\u2019s lowest-income families since 1989. Through their 12 branches in urban and rural areas throughout the country, they offer innovative financial services, such as Village Banking, individual and local currency loans, micro-insurance, and money transfer services.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">But FINCA\u2019s impact in Guatemala goes far beyond just providing financial services. They strongly focus on women\u2019s empowerment, knowing that raising women\u2019s incomes is a proven strategy for improving children\u2019s nutrition and creating a better life for families. And it\u2019s working\u2014through access to FINCA\u2019s financial services, 74 percent of women in their program have become the primary breadwinners for their families.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">FINCA\u2019s work is making real changes in people\u2019s lives, empowering them to pursue and achieve their dreams. From putting food on the table to enrolling children in school and providing a safe home for their families, FINCA\u2019s clients are breaking the cycle of poverty and creating a brighter future for themselves and their communities.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img decoding=\"async\" data-src=\"https:\/\/finca.org\/wp-content\/uploads\/\/84E278E896D048AA82888D652FB9C22D-1024x585.png\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" alt=\"\" class=\"wp-image-43366 lazyload img-fluid\" width=\"840\" height=\"479\"\/><noscript><img decoding=\"async\" src=\"https:\/\/finca.org\/wp-content\/uploads\/\/84E278E896D048AA82888D652FB9C22D-1024x585.png\" alt=\"\" class=\"wp-image-43366 img-fluid\" width=\"840\" height=\"479\" srcset=\"https:\/\/finca.org\/wp-content\/uploads\/84E278E896D048AA82888D652FB9C22D-1024x585.png 1024w, https:\/\/finca.org\/wp-content\/uploads\/84E278E896D048AA82888D652FB9C22D-300x171.png 300w, https:\/\/finca.org\/wp-content\/uploads\/84E278E896D048AA82888D652FB9C22D-768x439.png 768w, https:\/\/finca.org\/wp-content\/uploads\/84E278E896D048AA82888D652FB9C22D.png 1050w\" sizes=\"(max-width: 840px) 100vw, 840px\" \/><\/noscript><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Nicolasa Sacay, San Antonio Palop\u00f3, Guatemala<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">When Nicolasa was four years old, her mother passed away, and her family thought their age-old weaving tradition died with her. But an opportunity appeared when an aunt taught Nicolasa\u2019s sister to weave. Nicolasa learned from her sister, and later apprenticed with a highly skilled weaver in Quetzaltenango to perfect her technique.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">After her apprenticeship, Nicolasa returned to her village and married her husband, Josu\u00e9, with whom she had a daughter, Tatiana. Determined to build a better life, Nicolasa applied for a FINCA loan to purchase her loom. She has since used successive loans to buy additional looms and thread for her handwoven textiles and make improvements to her home.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Nicolasa hires out one of her looms to other women in the village who cannot afford to buy their own.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Nicolasa and her family live in a small house accessible only by climbing several dozen flights of steep, concrete stairs up the mountainside. Nicolasa\u2019s weaving studio is located on the top floor, with a commanding view of Lake Atitl\u00e1n and the surrounding volcanoes. Nicolasa knows she is still poor by global standards, but she appreciates her progress and the \u201cmillion-dollar view\u201d from her workshop.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Nicolasa plans to continue working with FINCA to grow her business and invest in her daughter\u2019s education. She expects Tatiana to complete high school and attend university, giving her more opportunities than Nicolasa ever had. Nicolasa\u2019s story is a testament to the power of determination and hard work to overcome adversity and build a better future.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"586\" data-src=\"https:\/\/finca.org\/wp-content\/uploads\/\/8E141ED840754F5089D82E47CABA4D69-1024x586.png\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" alt=\"\" class=\"wp-image-43368 lazyload img-fluid\"\/><noscript><img decoding=\"async\" width=\"1024\" height=\"586\" src=\"https:\/\/finca.org\/wp-content\/uploads\/\/8E141ED840754F5089D82E47CABA4D69-1024x586.png\" alt=\"\" class=\"wp-image-43368 img-fluid\" srcset=\"https:\/\/finca.org\/wp-content\/uploads\/8E141ED840754F5089D82E47CABA4D69-1024x586.png 1024w, https:\/\/finca.org\/wp-content\/uploads\/8E141ED840754F5089D82E47CABA4D69-300x172.png 300w, https:\/\/finca.org\/wp-content\/uploads\/8E141ED840754F5089D82E47CABA4D69-768x440.png 768w, https:\/\/finca.org\/wp-content\/uploads\/8E141ED840754F5089D82E47CABA4D69.png 1050w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/noscript><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Emanuel Solis Yaqui, Patzun, Guatemala<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">On top of a mountain in the beautiful town of Patzun, Emanuel and his family live and grow vegetables on their family farm. Since 2019, Emanuel has been taking a yearly agricultural loan of $2,000 from the FINCA Guatemala office in the nearby town of Chimaltenango.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Using the financing program, they expanded the number of plots of land on their farm from four to 19 and now employ three seasonal workers to help grow, harvest, and sell their produce in town. These seasonal workers have freed up his talented wife to focus on her traditional textile weaving of huipil (blouses) and corte (skirts), which she sells at the market for profit. Although each piece takes over a week to create, her talent is in demand by both tourists and local Guatemalans.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">FINCA Guatemala loans also include health insurance, which means Emanuel\u2019s family can receive medical care. The financial stability provided by FINCA\u2019s loans and health insurance, along with their hard work and ingenuity, have made it possible for Emanuel\u2019s children to attend high school and focus on their passions. Emanuel\u2019s oldest daughter also plays competitive soccer\u2014she is an excellent athlete and has won many medals with her team, including an MVP award.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In addition to farming his own 19 plots, Emanuel is no stranger to Canada. He has traveled to Qu\u00e9bec as a temporary farm laborer with his brother-in-law to pick apples and plans to do it again this fall.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Emanuel and his wife are incredibly resourceful, hardworking, and talented. With FINCA products, they have found solutions to minimize the impact of poverty on their lives and improve their children\u2019s lives.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Stories like Nicolasa\u2019s and Emanuel\u2019s are not uncommon in FINCA\u2019s client base. There is hope for a better tomorrow thanks to FINCA\u2019s commitment to empowering people in Guatemala and their sustainable approach to poverty alleviation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This article was originally published on Global Heroes. Poverty is an all-too-common reality for families in Guatemala, where even basic [&hellip;]<\/p>\n","protected":false},"author":383,"featured_media":49674,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[386],"tags":[393,395],"class_list":["post-49672","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog-en-gb","tag-microfinance-en-gb","tag-news-and-updates-en-gb"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>From Struggle to Success: How FINCA is Empowering Families in Guatemala | FINCA<\/title>\n<meta name=\"description\" content=\"FINCA is committed to empowering people in Guatemala and their sustainable approach to poverty alleviation. 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