Nueva Santa Catarina Group


Status: Paid Back

$4,400.00   Loan Request
$4,400.00   Paid Back

About the Group

Group Name: Nueva Santa Catarina Group
Group Members: Catarina Chox Guachrac
Manuela Florencia Tepaz Tum
Faustina Clara Tepaz Ajpacaja
Isabell Tziquin Guachrac
Manuela Tzep Guarchaj
Manuela Tepaz Sac
Manuela Tambriz Y Tambriz
Antonia Chox Tziquin
Pascuala Teresa Xocol Sac
Catarina Felicita Sohom Tzep
Maria Antonia Tambriz Guarchaj
Location: Nahualá, Sololá, Guatemala
Activity: Weaving

About the Loan

Loan Amount: $4,400.00
Loan Use: To purchase thread for weaving and hire extra help
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Feb 23, 2008
Date Disbursed: Mar 9, 2008
Date Funded:Feb 24, 2008
Loan Ended:May 22, 2009

About the Country

Country:Guatemala
Avg Annual Income:$4,155.00
Currency:Guatemala Quetzales (GTQ)
Exchange Rate:7.6375 GTQ = 1 USD



In a modest room lit only by the sun, a woman sweeps the dirt floor and sets out multi-colored plastic chairs in preparation for the ‘desembolsa’, the meeting for the community bank Nueva Santa Catarina where its 11 members will have their requested loans approved. The women gather excitedly, talking rapidly in their native language K´iche´, while their children play in the folds of their dresses, giggling timidly. These women are strong and have endured much, yet more than exhaustion they emit hope and joy. As a community bank, they are proud to have been together eight years, their bank was the first of the now four banks in their small community.

Located about an hour and a half from the region’s capital, Sololá, the 11 women dedicate themselves to the beautiful and intricate art of weaving huipiles, native Mayan blouses. A single huipil can take up to one month to make, and after an investment of about 200 Quetzales (about $25), they can sell it for about 500 Quetzales (about $60). Currently, the women sell their huipiles in the nearby town of Nahuala, and they are well known in their community so customers also come directly to their home to make purchases.

Of the 11 women, almost half can read and write, which is a very large percentage for the area. They are smart in business, and are looking for new ways to expand. They’ve recognized the large number of sales that tourism brings in, and are hoping to implement an export business or connect with a nearby community where tourism is more prevalent than in their town and open a market there. As a group they are asking for a loan of 33,500 Quetzales, about $4400, $400 per person, which they will invest in various colored threads to weave their huipiles. A few of the women are also planning on using part of their loan to hire extra help so they can increase the rate of production and make more sales.



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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Lenders to this group

Terry
KivaFriends.org , St. Louis, MO
United States

Anonymous
Bruxelles,
Belgium

Mara
Ottawa, Ontario
Canada

Brian
Fairbanks, AK
United States

Heloise
Houston, TX
United States

Newman Family
Greensboro, North Carolina
United States

Jan and Bill
Seattle, WA
United States

Deborah
Marstons MIlls, MA
United States

Mauritz
Sandviken,
Sweden

David & Brandon
Brisbane, CA
United States

Larry
Mill Creek, WA
United States

Red Cowboy Designs
Sugar Hill, GA
United States

Jerome
Augusta, GA
United States

Sherron
New York, NY
United States

Anonymous
Pennington, NJ
United States

Bonnie
Lacey, WA
United States

Jessica
San Francisco, CA
United States

J. L.
Lincoln, Ca
United States

Geoff

Christmas Island

Jill
Vancouver, BC
Canada

anthony
river falls, WI
United States

Cate
BELLEVUE, WA
United States

Jennifer
Los Angeles, CA
United States

Erica and Prince
Los Angeles, CA
United States

Carol
Tallahassee, FL
United States

Claus-Peter
www.kivafriends.org,
Germany

George
Rancho Cucamonga, CA
United States

eleanor
st andrews, Fife

Kathy & Jeff
Minneapolis, MN
United States

Lani
Los Angeles, CA
United States

Fe
Mountain View, CA
United States

Gumball Capital
Stanford, CA
United States

Ilise
Dallas, TX
United States

Hauke
Regensburg,
Germany

Shelley
Centerville, IA
United States

Karen
Sebastopol, CA
United States

JIm & Katie
Thiensville, WI
United States

Mike
Berlin, MA
United States

Christopher
seattle, WA
United States

Emily's Family
Santa Barbara, CA
United States

Anonymous

Marnie
Modbury Heights, South Australia
Australia

Amalio
Arlington, VA
United States

Anne
fort collins, CO
United States

Takahisa
Musashino-shi, Tokyo,
Japan

Matt
Socorro, NM
United States

Terry
Kaneohe, HI
United States

Mary
Houston, TX
United States

DAVID
Houston, TX
United States

Seybrun
Wichita,, KS
United States

Mark and Dee Dee
Oakland, OR
United States

Anonymous
Honolulu, HI
United States

r & l
Winter Springs, FL
United States

Colin G. Haviland
Minneapolis, MN
United States

Galena Alyson Canada
Vashon, WA
United States

Suzanne, Greg & Ted
San Diego, CA
United States

The Steward Family
Novato, CA
United States

carol
Higgins, Australian Capital Territory
Australia

Kay
Columbia, MD KivaFriends.org
United States

ruthraiah
san diego, CA
United States

Michael
Erlangen,

Canrocks
Russell, Ontario
Canada

John
Molesworth, Tasmania
Australia

Skip
Simsbury, CT
United States

Michael
Niagara Falls, Ontario
Canada

Bobby
Livingston, NJ
United States

Alison
Bethesda, MD
United States

tim
copenhagen, cph
Denmark

Gazela
Fernandina Beach, FL
United States

Larry and Anne
Bonduel, WI
United States

Peter
Stockholm
Sweden

Renaud
Saint Germain en Laye,
France

Beth
MD
United States

AcusticThoughts
Tonawanda, NY
United States

Richard W
Whitinsville, MA
United States

Maria
Ponte Vedra Beach, FL
United States

Mike and Dana
Benicia, CA
United States

Lynne
Charlotte, VT
United States

Joe
Lufkin, TX
United States

David
Tenino, WA
United States

Paul
Newcastle upon Tyne,
United Kingdom

Kathi
Baldwinsville, NY
United States

Rachel
Guelph, Ontario
Canada

Scott & Garrett
Davison, MI
United States

Door en Frits
Stiphout, Noord Brabant
Netherlands

bryan
saint paul, MN
United States

Penny
Portland, OR
United States

christopher
Axminster, Devon
United Kingdom

Martin
Milton, ON
Canada

Sigurd
Århus, Jylland
Denmark

Bruce
ARLINGTON, TN
United States

Paul & Linda
Maineville, OH
United States

Ana e Carlos
S. Domingos Rana,
Portugal

Wes
Punta Gorda, FL
United States

Jennifer
Long Island City, NY
United States

Beverly
Sunnyvale, CA
United States

Mary
San Antonio, TX
United States

Evans Family
North Aurora, IL
United States

JamieKellyAlmaTimothy
Helena, MT
United States

john
Bend, OR
United States



Journal entries for Nueva Santa Catarina Group


Loan has been disbursed
 
Entrepreneur: Nueva Santa Catarina Group
Location: Nahualá, Sololá, Guatemala

Thank you for your loan. It has been disbursed to the Nueva Santa Catarina group, consisting of Maria Antonia Tambriz Guarchaj, Catarina Felicita Sohom Tzep, Pascuala Teresa Xocol Sac, Antonia Chox Tziquin, Manuela Tambriz Y Tambriz, Manuela Tepaz Sac, Manuela Tzep Guarchaj, Isabell Tziquin Guachrac, Faustina Clara Tepaz Ajpacaja, Manuela Florencia Tepaz Tum, Catarina Chox Guachrac by Friendship Bridge in Guatemala. We are excited to watch this business grow. Over the next 13 months, Friendship Bridge will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Nahualá, Sololá, Guatemala
Mar 9, 2008
Comments (9)

Journal Nueva Santa Catarina Group – Nueva Santa Catarina Ixtuhuacan
 
Entrepreneur: Nueva Santa Catarina Group
Location: Nahualá, Sololá, Guatemala

When I arrived at the meeting for Nueva Santa Catarina I was greeted by Manuela Florencia Tepaz Tum, one of the older and more respected women of the village of Nueva Santa Catarina Ixtahuacan, a small village just outside of Nahualá. The women were gathered in an empty room in her home. I eased in to a seat in the corner of the room to observe the group of entrepreneurs. Yawning children sat patiently with their mothers as the meeting began in the early morning hours with the sun barely peaking over the mountains of the highland village.

The women of Nueva Santa Catarina are mostly weavers. Manueala Florencia has been weaving guipiles, the traditional blouses of Guatemala, since she was a child. Maria Antonia Tambriz Guarchaj also weaves guipiles and cortes, the traditional skirt. She sells in the market, but also travels to the coast every month or so to conduct business there. Maria Antonia explains that the women on the coast do not weave and therefore depend on the fabrics from the women in Nahualá. Her sister lives on the coast and takes orders for her throughout the month. Once the order is big enough to warrant a trip, Maria travels with her 15-year-old son to sell her products. The family business has become very efficient and thanks to the loan from Friendship Bridge, she is able to produce more products in advance and receive even larger earnings. Prior to her loan, she was only able to buy enough materials to weave a few skirts. Now with the extra money she can purchase more materials and therefore increase her income.

The women of Nueva Santa Catarina were friendly and all wished me a happy holiday season before I left. They were extremely grateful for the opportunity to improve their lives and clearly excited for the potential of the upcoming year.


Posted by Erin Nobler from Nahualá, Sololá, Guatemala
Jan 9, 2009
Comments (5)

Kiva Help Repayment Schedule for Nueva Santa Catarina Group

  Expected Repayments Actual Repayments Comments
June 2008 $338.46 $339.00 Repayment Received
July 2008 $338.46 $339.00 Repayment Received
August 2008 $338.46 $339.00 Repayment Received
September 2008 $338.46 $339.00 Repayment Received
October 2008 $338.46 $339.00 Repayment Received
November 2008 $338.46 $339.00 Repayment Received
December 2008 $338.46 $339.00 Repayment Received
January 2009 $338.46 $334.69 Repayment Received
February 2009 $338.46 $338.46 Repayment Received
March 2009 $338.46 $338.46 Repayment Received
April 2009 $338.46 $338.46 Repayment Received
May 2009 $338.46 $338.46 Repayment Received
June 2009 $338.48 $338.47 Repayment Received