Economic Development

There are exceptions to every rule, of course, but generally speaking, the economy of rural, indigenous villages in the Guatemalan highlands is agriculturally based with some very small shops and even fewer industries. Most farmers work with as little as a quarter-acre while some might have a full acre or two to grow corn, squash, and beans. Small cottage industries exist in weaving whole cloth and hand-dipped candles, but the return on labor is piteously small.

It is no surprise that economic development is crucial for a better life. The hard-working people of Nimasac recognize this and hope for an improved economic outlook.

Esperanza conducted a Community Needs Survey,* which revealed the need for economic development and labor diversification. This is another reason why the Scholarship Program is so vital and promising. The survey showed jobs and education are the most frequently identified needs for both the community and the family.

Esperanza de Guatemala is currently working to create opportunities for women's economic development through sewing and other entrepreneurial projects, and financial literacy. READ ON ABOUT THESE, BELOW!

The Nimasac Women's Economic Project

History and Current Status:

A community Women’s Sewing Initiative was started at the request of women in the community in 2018.

In 2019, sewing machines and beginner supplies were purchased to support this burgeoning community group to advance women’s trade opportunities. Some instruction was offered.

By 2021 - 2023 a number of scholarship students were women enrolled in vocational training in sewing.

Now there are a number of women ready to generate income from these skills. We are now exploring various avenues to provide services for developing business skills, savings groups, capital acquisition, marketing, and more.

In 2023, Esperanza commissioned a prototype decorated purse as a sample item that could be made and sold in North America. We are currently refining this process and developing partnerships for marketing and products.

EEEP - Esperanza's Economic Empowerment Project

Esperanza de Guatemala is partnering with Herencia Viva, a respected Guatemalan nonprofit recognized for its hands-on approach to economic empowerment and financial literacy in Guatemala. In spring 2026, Esperanza de Guatemala will formally begin a partnership with Herencia Viva, launching a three-year, holistic entrepreneurship program designed to create lasting impact for families in the community.

Key Features of the Program:

Comprehensive Business Education: Participants will receive in-depth training on how to design, launch, and sustain a small business.
Seed Capital Grants: Each participating family will have access to initial funding, enabling them to put their business plans into action. This seed capital is a crucial step in overcoming the financial barriers that often prevent aspiring entrepreneurs from starting their ventures. The funds are disbursed in one-third increments over the three years.
Peer Learning and Support: The program emphasizes the value of community by facilitating regular group meetings. Families will share their experiences, challenges, and successes, learning from one another and building a network of mutual support.
Holistic Development: Beyond business skills, the program integrates education on health, nutrition, leadership, and teamwork. This well-rounded approach helps families address a range of challenges and build resilience in all aspects of life.
Ongoing Mentorship: Participants will benefit from continuous guidance provided by Herencia Viva’s experienced trainers, who offer suggestions and encouragement throughout the program.
Scalable Impact: While the initial phase aims to directly benefit up to 10 individuals and beyond to their families (which could be as many as 100 individuals), the program is designed to expand as it demonstrates success, potentially reaching even more families in the future.

Program Goals:

The overarching goal is to empower families not just to survive, but to thrive—gaining the knowledge, resources, and confidence needed to build sustainable livelihoods. By fostering entrepreneurship and holistic well-being, the program aims to create a ripple effect of positive change throughout the community.

Weekly meetings will serve as a cornerstone of the program, providing a consistent space for learning, collaboration, and support. Topics will range from practical business strategies to personal development, ensuring that participants are prepared to meet both the opportunities and challenges ahead.

The Challenge

Financially, this is an ambitious project for Esperanza de Guatemala. Each year, this three-year project, costs $13,500 US. We are pleased that we secured funding for year 1, with special help from a one-time grant from the Memorials and Endowment Committee of our partners at Cary Presbyterian Church, fund-raisers, and a generous individual donor.

With YOUR help, we will be able to continue to fund this for the remaining two years. Please give now, and give generously!

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