The Second Chance Program

Partner Organization: 

Project Description:  FAPE, together with the Guatemalan Government, has started a unique microcredit program within the walls of the Santa Teresa Penitentiary. 12 women participants have been selected for the first six-month trial, following the theory of “work the plan, listen, learn, and adjust”.

The loans are not made in the form of cash, instead the women are provided with the corresponding amount of materials, equipment and tools needed to create the products. Standard, “real-world” microcredit procedures are being followed … 2% monthly interest rate, monthly principal and interest payments, monthly meetings to evaluate business plan execution.

We invite you to support the women in this brave new project.

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FEATURED BORROWER

	Irma Carina Martinez     The women's projects include: Candle making, arts and crafts, packaging, cleaning supplies, and purses from rafia.	Amount Needed to fund Irma: $400 To Go: $100
“We want the outside world to know we are not just delinquents, but good women trying to make an honest living.”	“Look. We believe everyone is good in their hearts but sometimes there is a slip, a stumble, a wrong turn, a fall. It makes us at FAPE feel good to try to help these women get back on their feet.” - Sergio Gonzalez, Executive Director of FAPE