Chaquijya Central Group


Status: Paid Back

$4,025.00   Loan Request
$4,025.00   Paid Back

About the Group

Group Name: Chaquijya Central Group
Group Members: Elena Cuy Cuxulic
Juana Pablo Iboy De Cuxulic (not pictured)
Paula Maria Gonzalez Ibate
Marcela Yaxon Pablo
Juliana Pablo De Chopen
Olga Tunay Castro De Julajuj
Josefa Ibate Chiyal De Solares
Maria Elena Tzurec Cuy
Faustina Sis Solis
Victoria Castro Pecher
Isabel Tzurec Cuy
Santos Yaxon Pablo
Regina Tuy Joj De Julajuj
Location: Chaquijya, Sololá, Guatemala
Activity: Crafts

About the Loan

Loan Amount: $4,025.00
Loan Use: To purchase beads and thread, as well as invest in a bakery, chickens, and vegetable cultivation
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 23, 2008
Date Disbursed: Apr 8, 2008
Date Funded:Mar 25, 2008
Loan Ended:Feb 15, 2009

About the Country

Country:Guatemala
Avg Annual Income:$4,155.00
Currency:Guatemala Quetzales (GTQ)
Exchange Rate:7.6249 GTQ = 1 USD



Thirteen women make up the "Chaquijya Central" communal bank, a confident group who know each other well, and are ready to take out their second loan from Friendship Bridge. Gathered in the office in Sololá, they share about their businesses and dreams for the future.

Ten of the women are skilled in beading; crafting beautiful bracelets, necklaces, and earrings from tiny translucent beads, and selling them in the streets of nearby tourist towns, as well as through orders that friends and neighbors place. They will invest their loans in beads and string, which they purchase from a market in Sololá. Olga Tunay says that for the first time, with the help of their previous loan, they were able to buy beads in bulk, which drastically reduced the cost, as well as the number of trips they must make to the market.



Two women are skilled weavers, producing "huipiles" (the traditional Mayan blouse) and skirts like the ones in the picture. They will invest their loan in thread to weave these intricate clothes. A single huipil can take up to three months to make, and after an initial investment of $30-$50, it can be sold for up to $200. These huipiles represent a woman's home town, her marital status, and other interests and beliefs.



Three women have second businesses, in addition to their crafts. Marcela Yaxon also raises chickens to add to her beading income. Elena Cuy grows vegetables, such as corn, potatoes, and milpa (the leaves that are used to wrap tamales). And Olga Tunay has a panaderĂ­a (a bakery), where she bakes fresh bread daily that is sold to local stores. She is well known in her community and regular customers stop by all day to purchase bread.



The women are very pleased with the direction in which their businesses are headed, and are now dreaming of the future. Their main goal is "seguir adelante," to keep moving forward, in order to provide better for their families and offer their children the educations they weren’t able to have. To achieve this, they hope someday to open stores where they can sell their jewelry and clothing. Olga would like to open another bakery, Marcela would like to raise animals besides chickens, and others would like to begin additional businesses, like raising animals or selling tortillas. They are learning to save money for the future that will help them with these goals.



The women of Chaquijya Central express their happiness in being a part of Friendship Bridge. They have seen other banks, and are grateful for the low interest rate and education they receive here. In addition to being a source capital, they have also found friendship and community. They are asking for a group loan of 30,500 quetzales (about $4,025 USD) that they will pay back over 9 months.





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

Eleanor
Haywards Heath, West Sussex
United Kingdom

kathe
Oakland, CA
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pat
charleston, SC
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DA 1
Columbus, OH
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Geoff

Christmas Island

Larry
Beaverton, OR
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andrew
harlingen, TX
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Book Sistas
Hydesville, CA
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Bette
Afton, MN
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Simon
Lyngby,
Denmark

Poker4Pam
Homer, AK
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Elizabeth
Somerville, MA
United States

Felipe
Santiago, RM
Chile

Num and LoH
Lincoln, NE
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Stone Road
Toronto, Ontario
Canada

Christopher
London,
United Kingdom

Pat
Gilbert, AZ
United States

m g
san marcos, CA
United States

Emma
Wangaratta,
Australia

Bjorn
Redlands, CA
United States

Scott
Richmond, VA
United States

Deborah
Brooklyn, NY
United States

Anonymous
Denver, CO
United States

Glynda
Sterling, MA
United States

Ernesto
Rio de Janeiro, RJ

Julia
KivaFriends.org, Pasadena, CA
United States

Zona Marie
Broadway, NSW
Australia

Perry
Toronto, ON
Canada

Yi-Hui
New York, NY
United States

Christopher
Rye, NY
United States

Patricia
New Orleans, LA
United States

kate
richmond, VA
United States

Jennifer
Milwaukee, WI
United States

Suzanne & Apollo
New Orleans, LA
United States

Ken
Kitchener, ON
Canada

Scott Andrews
Tsawwasssen, British Columbia
Canada

Laurel
Grover Beach, CA
United States

Rosanne
Glendale, AZ
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Joy
Boise, ID
United States

Jillian
Vence,
France

Jennifer
Coramba, New South Wales
Australia

Deanna & Ram
San Diego, CA
United States

Michael
Victoria, British Columbia
Canada

Carol
Hull, MA
United States

Daniel
Indre et loire
France

Lynn
Gainesville, FL
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Katie
Racine, WI
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Jeanne
Pisgah Forest, NC
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shannon
Vida, OR
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Marjo
Nijmegen, Gelderland
Netherlands

Susan
Oshkosh, WI
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Robin
Tucson, AZ
United States

Olivier
Lons-le-Saunier,
France

Anonymous
Homer, AK
United States

Michael keenan
West Chester, PA
United States

Dana
Vancouver, British Columbia
Canada

Anonymous
Excelsior, MN
United States

Hernan The Civil
San Antonio, TX
United States

Marion
Sechelt, British Columbia
Canada

John
Chicago, IL
United States

Anonymous

Jan
nashville, TN
United States

Carolina
Alicante, Alicante
Spain

Matthew
Union, MO
United States

Charlotte
Burtonsville, MD
United States

Donna
Santa Monica, CA
United States

Anonymous
Unionville, Ontario
Canada

Mary
Washington, DC
United States

John
Ann Arbor, MI
United States

Jennifer
Eden Prairie, MN
United States

martha
atascadero, CA
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Carole and Len
Goshen, NY
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Jessica
Hamilton, NJ
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Pamela
San Francisco, CA
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Cindee
Bellingham, WA
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Suzanne
Edinburgh, midlothian
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Brad
Charlottesville, VA
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Heather
Cambridge, CAMBS
United Kingdom

Lisa
Richmond, VA
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Catherine
Northampton, MA
United States

Carol
Reno, NV
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Leigh Ann
Sheboygan, WI
United States

denise & mark
Golf, IL
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Ellie
Seattle, WA
United States

Joseph
Chevy Chase, MD
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Elizabeth
Plymouth, MI
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Mary
dresser, wi
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Marla
Los Angeles, CA
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Jason
Alexandria, VA
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David and Sandy
Prince George, British Columbia
Canada

Paul and Rebecca
Port Republic, MD
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Ilan
Brooklyn, NY
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Florence
PONY, MT
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Bobbi
Orangevale, CA
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Priti and Anil
Mountain View, CA
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james
naugatuck, ct
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janet
Victoria, British Columbia
Canada

RonH
Chapel Hill, NC
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Susan
Aurora, CO
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JD,Anne, and Cody
Seattle, WA
United States

Graeme
Sydney, New South Wales
Australia

Anonymous
Washington, DC
United States

Matty
falls church, VA
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Thomas and Cathy
Wasilla, AK
United States

Anonymous
Ljung, Sweden
Sweden

Alex Ziv
ashdod,
Israel

Mikey
Orlando, FL
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Liberulo
Obernai,
France

Suzanne and Glenn
Nashville, TN
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Jacqueline
Ottawa, Ontario
Canada



Journal entries for Chaquijya Central Group


Loan has been disbursed
 
Entrepreneur: Chaquijya Central Group
Location: Chaquijya, Sololá, Guatemala

Thank you for your loan. It has been disbursed to the Chaquijya Central group, consisting of Regina Tuy Joj De Julajuj, Santos Yaxon Pablo, Isabel Tzurec Cuy, Victoria Castro Pecher, Faustina Sis Solis, Maria Elena Tzurec Cuy, Josefa Ibate Chiyal De Solares, Olga Tunay Castro De Julajuj, Juliana Pablo De Chopen, Marcela Yaxon Pablo, Paula Maria Gonzalez Ibate, Juana Pablo Iboy De Cuxulic, Elena Cuy Cuxulic 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 Chaquijya, Sololá, Guatemala
Apr 8, 2008
Comments (8)

Kiva Help Repayment Schedule for Chaquijya Central Group

  Expected Repayments Actual Repayments Comments
July 2008 $447.22 $448.00 Repayment Received
August 2008 $447.22 $448.00 Repayment Received
September 2008 $447.22 $448.00 Repayment Received
October 2008 $447.22 $448.00 Repayment Received
November 2008 $447.22 $448.00 Repayment Received
December 2008 $447.22 $448.00 Repayment Received
January 2009 $447.22 $442.56 Repayment Received
February 2009 $447.22 $447.22 Repayment Received
March 2009 $447.24 $447.22 Repayment Received