Women's Business Training Program
Yabal Guatemala’s women's entrepreneurship program focuses on skill-building for women in order to develop new businesses within their own communities that they can manage from home in order to increase income. Workshop themes include, accounting, math and budgeting, new product creation, customer service, marketing, self-confidence and leadership training.
Savings Circles and Financial Literacy
With support from Catholic Relief Services, Yabal Guatemala has been able to train four facilitators from the communities of Cajola, Pacutama, and Chuicutama in women’s saving circles methodology. These four women leaders have since started savings groups with their fellow weavers to save money collectively and create capital within their communities. The focus is on saving money each week and then lending money out to members of the community and themselves when needed in order to pay back with interest to the group. The earnings are then shared amongst all at the end of each cycle. It is a way to allow rural women to access rapid cash advances when necessary, while keeping the interest earnings within the same community, as opposed to being paid to a third party bank or micro-credit loan organization.