Micro-entrepreneurs in the Guatemala City metropolitan area do not have reliable access to financial services and capital, which constrains their earnings potential and may encourage them to migrate. Cooperativa Integral de Ahorro y Crédito Cultura Comunitaria Responsabilidad Limitada (COCULTURA) enables local artists to access capital to grow or launch their small businesses. At the IAF, we work to expand economic opportunities in Guatemala. COCULTURAS’s activities encourage small business growth and local entrepreneurship to ensure meaningful opportunities for communities to thrive.
This grant is part of the IAF’s efforts to address the root causes of irregular migration in Central America.