Chikuwa Group


Status: Paid Back

$4,925.00   Loan Request
$4,925.00   Paid Back

About the Group

Group Name: Chikuwa Group
Group Members: María Yotz
Antonia Hernandez
Clara Perez
Elena Coche
Cecilia Ujpán
María Hernandez
Paulina Tzep
María Mendoza
Catarina Hernandez
Catarina Ujpán
Antonia Hernandez
Josefa Rojche
Juana Cotuc
Elena Perez
Juana Mendoza
Victoria Hernandez
Susana Ujpán
Juana Chacom
Eulalia Canajay
Dora Peneleu
Location: San Juan La Laguna, Sololá, Guatemala
Activity: Clothing Sales

About the Loan

Loan Amount: $4,925.00
Loan Use: To purchase raw material for making traditional dresses. Resale of traditional clothing. Raising of animals. Expansion of a diner. The purchase of a windmill for corn.
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Nov 27, 2007
Date Disbursed: Dec 12, 2007
Date Funded:Nov 28, 2007
Loan Ended:Nov 1, 2008

About the Country

Country:Guatemala
Avg Annual Income:$4,155.00
Currency:Guatemala Quetzales (GTQ)
Exchange Rate:7.7270 GTQ = 1 USD



The clients of the ComUnity (the term used by Friendship Bridge for their communal banks) Chikuwa have an astute and patient attitude, a combination that helps them to be the great business women that they currently are. The clients of ComUnity Chikuwa are models of micro-entrepreneurial women.


Several members of the group started selling huipiles (traditional Guatamalan dresses) and shoes in the streets of San Juan la Laguna, Sololá. However, with their current loan many of them have become successful business owners. For example, Susan Ujpán now has ten artisans working for her during the high season such as Christmas. Clara Perez is a micro-entrepreneur who began with a small business raising animals and who is now buying 100 chickens per month in order to fatten them and resell them 21 days later. Cecilia Ujpán decided to move into an unexplored field for many micro-entrepreneurs. She has a honey bee business. In addition, she has a windmill that she rents for grinding corn (an essential component for the preparation of corn tortillas).


The loans will be used in different ways. Many women are going to buy thread in order to make huipiles and embroidery. Clara Perez is going to use her loan to purchase more chickens, while María Mendoza is going to buy another windmill. María Yotz is going to invest her money in her diner. She needs a loan in order to purchase glasses, plates, benches and tables.


María Mendoza’s dream is that her business will prosper so that she will be able to open a hammock store and sell hanging beds in natural colors typical of the region. Elena Coche dreams of opening a successful knitting store. In that way she would be able to purchase more work from her providers and thereby have a positive impact on their lives. These business women are very important for Friendship Bridge and Guatemala. They only need some initial help in order to move forward, and you could be the one to give them that aid.

Translated from Spanish by Debra Faszer-McMahon, Kiva Volunteer.



Las clientas de la ComUnidad (término que Friendship Bridge usa para nombrar a un banco comunal) Chikuwa tienen una actitud astuta y paciente, una combinación que las ayuda a ser las grandes empresarias que actualmente son. Las clientas la ComUnidad Chikuwa son ejemplares micro empreasarias.


Varias clientas empezaron vendiendo huipiles (trajes tradicionales de Guatemala) y zapatos en las calles de San Juan la Laguna, Sololá. Sin embargo, con el préstamo recibido ahora muchas de ellas se han vuelto clientas exitosas. Por ejemplo, Susana Ujpán ya tiene diez artesanas trabajando para ella durante las temporadas altas, como Navidad. Clara Perez, es una empresaria que empezó con un pequeño negocio de crianza de animales y ahora está comprando 100 pollos al mes para engordarlos y revenderlos 21 días después. Cecilia Ujpán, decidió incursionar en un campo inexplorado por muchas microempresarias. Ella tiene un negocio de miel de abejas. Además, tienen un molino el cual lo alquila para moler el maíz (componente esencial para la preparación de tortillas de maíz).


Los préstamos van a ser utilizado de distintas maneras. Muchas señoras van a comprar hilos para tejer huipiles y para bordados. Clara Perez, va a usar su préstamo para comprar más pollos, mientras que María Mendoza va a comprar otro molino. María Yotz va ha invertir su crédito en su comedor. Ella necesita el crédito para comprar vasos, platos, bancos y mesas.


El sueño de María Mendoza es que su negocio prospere para que así ella pueda abrir una tienda de hamacas y cubre camas teñidas a base de tintes naturales típicos de la región. Elena Coche sueña con abrir una tienda de tejidos exitosa. Como consecuencia ella podría pedir más tejidos a sus proveedoras y causar un impacto importante en la vida de ellas. Estás empresarias son muy importantes para Friendship Bridge y Guatemala, ellas sólo necesitan un apoyo inicial para que puedan destacar, y ese apoyo lo puedes brindar tú.


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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Patricia Ferguson
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Terry
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Marnie
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R & J
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Karen
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Mike V
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Journal entries for Chikuwa Group


Loan has been disbursed
 
Entrepreneur: Chikuwa Group
Location: San Juan La Laguna, Sololá, Guatemala

Thank you for your loan. It has been disbursed to Dora Peneleu
Eulalia Canajay
Juana Chacom
Susana Ujpán
Victoria Hernandez
Juana Mendoza
Elena Perez
Juana Cotuc
Josefa Rojche
Antonia Hernandez
Catarina Ujpán
Catarina Hernandez
María Mendoza
Paulina Tzep
María Hernandez
Cecilia Ujpán
Elena Coche
Clara Perez
Antonia Hernandez
María Yotz by Friendship Bridge in Guatemala. We are excited to watch this business grow. Over the next 9 months, Friendship Bridge will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from San Juan La Laguna, Sololá, Guatemala
Dec 12, 2007
Comments (20)

Journal
 
Entrepreneur: Chikuwa Group
Location: San Juan La Laguna, Sololá, Guatemala

San Juan is a small village at the beautiful lake Atitlan. It’s a very well organised village where people often work with natural colours and where many cooperation’s help the women to get better money for their weavings. Its also the village where the little dock is filled with young boys and their fishing tools made out of an old tin and some threat spend many hours to fish. These tiny fishes are a welcome extra in the families kitchen!

Maricruz has a shoe store and she works at the local health centre. This is where we meet her and have a little interview with her. This centre helps young mothers with their babies and provides all kinds of information to the families and their teen kids. The health centre is something she does besides her work in her shoe store. She needs the extra money because the rainy season keeps shoe sales low. Maricruz has invested her credit in shelves for her store and more school shoes. The sales for shoes for school will be starting after the holiday of the school kids in a couple months.

When she is away from her store, her daughter watches it. Her 3 kids all go to school and do very well. This is the biggest pleasure Maricruz has in life because she really wants them to do well!

We often read the stories about these women wanting their children to do well, study and have better chances in life. Friendship Bridge has education firmly stated in their mission statement and therefore sometimes offers intern ships to school girls as also to Gloria Trinidad. She is in school to become a secretary and is the daughter and sister of two members of a Kiva group called Costureras. I decided to take her with me into the field and let her interview some group members. The nice result, in Spanish, is what you can read here!

En el municipio de San Juan La Laguna fuimos a entrevistar a una de las señoras del grupo Chicuwa. A la señora a quien fuimos a entrevistar se llama Juana Cotuc Méndez. Ella tiene 58 años de edad. Juana nació en San Juan La Laguna. Ella tiene 7 hijos que están estudiando uno de ellos ya se gradúo y esta trabajando. Juana siempre les aconseja a sus hijos que siguen estudiando para que tengan un futuro mejor.

Juana nos da a conocer que su pueblo es muy grande. Las personas son muy amables pero que algunos son enojados. Juana nos cuenta que se lleva muy bien con sus vecinas y que siempre conviven juntas cualquier actividad.

La señora Juana esta recibiendo ayuda de Puente de Amistad, el crédito que ella recibe le ha ayudado en su negocio de la librería y que en su negocio le ha ido muy bien gracias a Dios y al crédito que recibe. Ella va por cuatro años de estar asistiendo en el grupo Chicuwa y que sus compañeras son muy puntuales en la cancelación de sus créditos.


Posted by Chanti de Kleijn from San Juan La Laguna, Sololá, Guatemala
Sep 29, 2008
Comments (5)

Kiva Help Repayment Schedule for Chikuwa Group

  Expected Repayments Actual Repayments Comments
March 2008 $547.22 $996.00 Repayment Received
April 2008 $547.22 $0.00 Repayment Received
May 2008 $547.22 $648.00 Repayment Received
June 2008 $547.22 $548.00 Repayment Received
July 2008 $547.22 $548.00 Repayment Received
August 2008 $547.22 $548.00 Repayment Received
September 2008 $547.22 $548.00 Repayment Received
October 2008 $547.22 $548.00 Repayment Received
November 2008 $547.24 $541.00 Repayment Received