Las Bordadoras Group


Status: Paying Back

$1,950.00   Loan Amount
8% repaid

About the Group

Group Name: Las Bordadoras Group
Group Members: Maria Julia sapon Ixtos
Santa Ajtzalam Yon
Eva Ajtzalam Yon
Santa Vicenta Saloj Ajanel
Agustina Francisca Garcia Tzoc
Manuela Marina Ixmata Guarchaj
Tomasa Ecoquiej Tahay
Lucia Tahay Chavez
Location: Nahualá, Sololá, Guatemala
Activity: Clothing Sales

About the Loan

Loan Amount: $1,950.00
Loan Use: Working capital
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Sep 23, 2009
Date Disbursed: Sep 9, 2009
Date Funded:Sep 24, 2009

About the Country

Country:Guatemala
Avg Annual Income:$4,155.00
Currency:Guatemala Quetzales (GTQ)
Exchange Rate:8.2915 GTQ = 1 USD



The Bordadoras ladies have come to the Institución ASDIR to be able to get help to have better incomes. They embroider “guipiles” (traditional Mayan blouses) by hand. This has supported them and their families.

During the five years that they have been working they have realized that they need more capital to be able to invest and to sell more of the embroidered “guipiles”. They do not have the money. The place where they live is an area of poverty.

That is why they come to ask for help to be more competitive in the market. That way they will have a better level of live and get their children ahead with their education.

Translated from Spanish by Ginny Kalish, Kiva Volunteer


Las señoras Bordadoras acudieron a la Instituciòn ASDIR para poder ayudarlas para tener mejores ingresos ya que ellas se han dedicado a trabajar en bordados de guipiles a mano y esto les han servido como mantener a su familia y a ellas mismas, durante los 5 años que han venido trabajando se han dado cuenta que necesditan màs capital para poder inventir y tener màs ventas en los guipiles bordados pero ellas no cuentan con ese fondo, ya que el lugar donde vivien es de zona de pobreza, por lo tanto a cuden a peder ayuda para ser conpetitivas en el mercado y asi tener una mejor nivel de vida; y sacar a sus hijos avantes y con estudios.


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 Las Bordadoras Group


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

Thank you for your loan. It has been disbursed to Las Bordadoras Group, consisting of Maria Julia sapon Ixtos, Santa Ajtzalam Yon, Eva Ajtzalam Yon, Santa Vicenta Saloj Ajanel, Agustina Francisca Garcia Tzoc, Manuela Marina Ixmata Guarchaj, Tomasa Ecoquiej Tahay, Lucia Tahay Chavez 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
Sep 25, 2009
Comment on this entry

Kiva Help Repayment Schedule for Las Bordadoras Group

  Expected Repayments Actual Repayments Comments
December 2009 $162.50 $162.50 Repayment Received
January 2010 $162.50 Available Jan 1  
February 2010 $162.50 Available Feb 1  
March 2010 $162.50 Available Mar 1  
April 2010 $162.50 Available Apr 1  
May 2010 $162.50 Available May 1  
June 2010 $162.50 Available Jun 1  
July 2010 $162.50 Available Jul 1  
August 2010 $162.50 Available Aug 1  
September 2010 $162.50 Available Sep 1  
October 2010 $162.50 Available Oct 1  
November 2010 $162.50 Available Nov 1