Xequisis Group


Status: Paying Back

$1,225.00   Loan Amount
16% repaid

About the Group

Group Name: Xequisis Group
Group Members: Maria Guachiac Tambriz
Isabela Guarchaj Lopez
Catarina Sohom Tzoc
Juana Rosalia Guarchaj Ixquiactap
Catarina Sohom Tzoc
Location: Nahualá, Sololá, Guatemala
Activity: Clothing Sales

About the Loan

Loan Amount: $1,225.00
Loan Use: buy more clothing
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Aug 25, 2009
Date Disbursed: Aug 19, 2009
Date Funded:Aug 25, 2009

About the Country

Country:Guatemala
Avg Annual Income:$4,155.00
Currency:Guatemala Quetzales (GTQ)
Exchange Rate:8.2350 GTQ = 1 USD



The five women in the Xequisis group have joined together so their families can get ahead—life recently has been hard in Nahualà. In previous years, the women earn their living by buying and selling traditional clothing so that they could support their children. Later, deciding they needed help, they went to Kiva partner, the ASDIR Association, as they didn’t have enough working capital. They wanted to have more stock so they could increase sales, earn more money, and prosper. They wanted to fulfil their biggest dream of owing a small house to shelter them from bad weather.

Translated from Spanish by Jane Agg, Kiva Volunteer


Las cinco señoras del grupo Xequisis, se han reunido para sacar abante a su familia ya que en los ultimo tiempo la vida es dura en el lugar de Nahualà, y ellas se han dedicado a compra y venta de ropa tipica, en años anteriores para ayudar a mantener a sus hijos; las señoras buscando un apoyo y acudieron a la Instituciòn ASDIR para apoyar a las señoras ya que no cuentan con un capital sufieciente de trabajo, y ellas quieren surtir màs la venta para obtener màs ganancias y asi prosperar y realizar el sueño màs grande ellas relatan y sueñan tener una casita para proteger las inclemencis de tiempo.


About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more

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Journal entries for Xequisis Group


Loan has been disbursed
 
Entrepreneur: Xequisis Group
Location: Nahualá, Sololá, Guatemala

Thank you for your loan. It has been disbursed to Xequisis Group, consisting of Maria Guachiac Tambriz, Isabela Guarchaj Lopez, Catarina Sohom Tzoc, Juana Rosalia Guarchaj Ixquiactap, Catarina Sohom Tzoc by Asociación ASDIR in Guatemala. We are excited to watch this business grow. Over the 12 months of this loan, Asociación ASDIR will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Nahualá, Sololá, Guatemala
Aug 26, 2009
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Kiva Help Repayment Schedule for Xequisis Group

  Expected Repayments Actual Repayments Comments
November 2009 $102.08 $102.08 Repayment Received
December 2009 $102.09 $102.09 Repayment Received
January 2010 $102.08 Available Jan 1  
February 2010 $102.08 Available Feb 1  
March 2010 $102.08 Available Mar 1  
April 2010 $102.09 Available Apr 1  
May 2010 $102.08 Available May 1  
June 2010 $102.08 Available Jun 1  
July 2010 $102.09 Available Jul 1  
August 2010 $102.08 Available Aug 1  
September 2010 $102.08 Available Sep 1  
October 2010 $102.09 Available Oct 1