Cruz Ch°en 2 Group


Status: Paid Back

$1,225.00   Loan Request
$1,225.00   Paid Back

About the Group

Group Name: Cruz Ch°en 2 Group
Group Members: Rosa Jimenez Hernandez
Maria Jimenez Hernandez
Pascuala Gomez Perez
Lorenza Lopez De La Cruz
Location: Zinacantan, Mexico
Activity: Arts

About the Loan

Loan Amount: $1,225.00
Loan Use: Purchase material, yarn, and dye.
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 5, 2008
Date Disbursed: Mar 20, 2008
Date Funded:Mar 6, 2008
Loan Ended:Mar 15, 2009

About the Country

Country:Mexico
Avg Annual Income:$11,249.00
Currency:Mexico Pesos (MXN)
Exchange Rate:10.7155 MXN = 1 USD



Lorenza is 46 years old and she is responsible of feeding 7 children, she manufactures blouses, skirts, shawls, tablecloths, and napkins typical for her region and she sells them in the town of San Cristobal and when she has an opportunity she sells at Nachij. With the loan she will buy material and different colored yarn to embroider her handicrafts. The other members of the group are Pascuala Gomez Perez, Maria Jimenez Hernandez, and Rosa Jimenez Hernandez, all of them are craftswomen.

Translated from Spanish by Lene Struck, Kiva volunteer.



LORENZA TIENE 46 AÑOS Y ES LA ENCARGADA DE MANTENER A 7 HIJOS, SE DEDICA A ELABORAR BLUSAS, FALDAS, REBOSOS, MANTELES Y SERVILLETAS TIPICAS DE SU REGION, MISMAS QUE SALE A VENDER A LA CIUDAD DE SAN CRISTÓBAL Y CUANDO HAY OPORTUNIDAD LAS VENDE EN NACHIJ. CON EL CREDITO LE GUSTARIA COMPRAR TELA Y MUCHOS HILOS DE COLORES PARA BORDAR SU ARTESANIA, LAS OTRAS INTEGRANTES DEL GRUPO, PASCUALA GOMEZ PEREZ, MARIA JIMENEZ HERNANDEZ Y ROSA JIMENEZ HERNANDEZ SON ARTESANAS


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

Clifford
San Francisco, CA
United States

Terry
ventura, CA
United States

Ann
Ocala, FL
United States

Donna
Reston, VA
United States

Katie
Lutz, FL
United States

Lesley
Santa Fe, NM
United States

Anonymous
Sea Cliff, NY
United States

Soumya
Sunnyvale, CA
United States

Laurent D
Brussels,
Belgium

Thomas
Brooklyn, NY
United States

Anonymous
sant cugat del valles, Barcelona
Spain

Laurence
Antibes,
France

Gorm
Oslo, Oslo
Norway

busstopgirl
Hove, East Sussex
United Kingdom

Maureen
Rock Valley, IA
United States

Suzanne
Pittsburgh, PA
United States

Lynne
Atlanta, GA
United States

Brit
Stony Point, NY
United States

Jackie
Santaquin, UT
United States

Gail
Irvine, CA
United States

Renee
Berkley, MI
United States



Journal entries for Cruz Ch°en 2 Group


Loan has been disbursed
 
Entrepreneur: Cruz Ch°en 2 Group
Location: Zinacantan, Mexico

Thank you for your loan. It has been disbursed to the CRUZ CH°EN 2 group, consisting of Lorenza Lopez De La Cruz, Pascuala Gomez Perez, Maria Jimenez Hernandez, Rosa Jimenez Hernandez by AlSol (Alternativa Solidaria Chiapas) in Mexico. We are excited to watch this business grow. Over the next 11 months, AlSol (Alternativa Solidaria Chiapas) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Zinacantan, Mexico
Mar 20, 2008
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Kiva Help Repayment Schedule for Cruz Ch°en 2 Group

  Expected Repayments Actual Repayments Comments
June 2008 $111.36 $112.00 Repayment Received
July 2008 $111.36 $112.00 Repayment Received
August 2008 $111.36 $112.00 Repayment Received
September 2008 $111.36 $112.00 Repayment Received
October 2008 $111.36 $112.00 Repayment Received
November 2008 $111.36 $112.00 Repayment Received
December 2008 $111.36 $112.00 Repayment Received
January 2009 $111.36 $106.91 Repayment Received
February 2009 $111.36 $111.36 Repayment Received
March 2009 $111.36 $111.36 Repayment Received
April 2009 $111.40 $111.37 Repayment Received