To borrow through Friendship
Bridge’s Microcredit Plus
program, women must first
form groups of 7-25 members
called Trust Banks.
Friendship Bridge’s average loan size is $318 over nine months with a 3% monthly interest rate, and our clients maintain a 98% loan repayment rate.
average loan size
loan repayment rate
Ana, Friendship Bridge client: “Four years ago I had less business, and I wanted to have more goals to improve myself.
Friendship Bridge has taught me to be an entrepreneurial woman....They opened the door for me to improve my business”.
Friendship Bridge gave me confidence.
Our educational curriculum is unique and responsive to our clients’ needs, taking into consideration that the average Friendship Bridge client has only 3.4 years of formal education, and does not read, write, or speak Spanish, Guatemala’s official language.
Lessons are interactive and are delivered through flipcharts that have illustrations and pictures to accompany any text so our pre-literate clients can follow along. Additionally, our Facilitators must speak Spanish and the local Mayan language of the Trust Banks they serve to ensure that all clients can understand the lessons.