Zequentic 6 Group


Status: Paid Back

$1,350.00   Loan Request
$1,350.00   Paid Back

About the Group

Group Name: Zequentic 6 Group
Group Members: Pascuala Perez Hernandez
Juana Elena Perez Hernandez
Maria Perez Vazquez
Maria Perez Hernandez
Location: Zinacantan, Mexico
Activity: Embroidery

About the Loan

Loan Amount: $1,350.00
Loan Use: Purchase of raw materials (thread, fabric, and dyes)
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 21, 2008
Date Disbursed: May 5, 2008
Date Funded:Apr 21, 2008
Loan Ended:May 15, 2009

About the Country

Country:Mexico
Avg Annual Income:$11,249.00
Currency:Mexico Pesos (MXN)
Exchange Rate:10.4625 MXN = 1 USD



Maria is 19 years old and since she was little, she has followed the tradition of her mother and sisters making and embroidering handicrafts. She has embroidered since she was little, and now makes shawls, table centerpieces, tablecloths, pillows, blouses, etc. She sells her merchandise in her community and to people who take it to San Cristobal to sell.



With the loan, she would like to buy raw materials (thread, fabric, and dyes). She is single and with the money she will help to contribute to household costs.



The other members of the group are Maria Perez Vazquez, Juana Elena Perez Hernandez, and Pascuala Perez Hernandez who are artisans.



Translated from Spanish by Scott Crandall, Kiva Volunteer.



MARIA TIENE 19 AÑOS DE EDAD, COMO ES TRADICION DESDE QUE ES PEQUEÑA VE QUE SU MAMA Y SUS HERMANAS SE DEDICAN A LA ELABORACION DE ARTESANIAS, ELLA DESDE PEQUEÑA BORDA, ACTUALMENTE ELABORA REBOSOS, CENTROS DE MESA, MANTELES, ALMOADAS, BLUSAS, ETC, SU MERCANCIA ES VENDIDA EN SU COMUNIDAD Y A PERSONAS QUE SE ENCARGAN DE LLEVARLA A SAN CRISTOBAL CON SU CREDITO DECEA COMPRAR MATERIA PRIMA(HILOS, TELA Y TINTAS), ES SOLTERA Y EL DINERO EN SU MAYOR PARTE ES DESTINADO A LOS GASTOS FAMILIARES, LAS OTRAS INTEGRANTES DEL GRUPO SON: MARIA PÉREZ VAZQUEZ, JUANA ELENA PÉREZ HERNANDEZ Y PASCUALA PÉREZ 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


Subscribe

Lenders to this group

Jennifer
Eden Prairie, MN
United States

Tyler
Naples, FL
United States

Patrice
Lompoc, CA
United States

Jessica
Los Angeles, CA
United States

Edwin
Pacific Grove, CA
United States

Carol
Yorba Linda, CA
United States

Christi
Vancouver, British Columbia
Canada

Matthew Diller
St. Louis, MO
United States

Sally
Castle Rock, CO
United States

Rebecca
Alexandria, MN
United States

Dan

Eleanor
Essex Jct., VT
United States

Elizabeth
Somerville, MA
United States

Silke & Daniel
Savannah, GA
United States

james
central, SC
United States

Peggy
Tofte, MN
United States

Virginia
Phoenix, AZ
United States

Anya van der Drift
London, London
United Kingdom

jeff
bell gardens, CA
United States

Edna
Hernando, MS
United States

John
Sammamish, WA
United States

Amin
Tehran, Tehran
Iran, Islamic Republic of

Robyn & Graham
Calgary, Alberta
Canada

Anonymous
Exmouth, Devon
United Kingdom

Judith
St. Peter, MN
United States

Rick
Worcester, MA
United States

Mount Madonna School
Watsonville, CA
United States

Kirsi
Swan River, Manitoba
Canada

Judith
New Britain, CT
United States

Lea
Hobart, Tasmania
Australia

DaNelle
Phoenix, AZ
United States

Shanon
Ailsa Craig, Ontario
Canada

Brian
Cary, NC
United States

Nikolaj
Lyngby,
Denmark



Journal entries for Zequentic 6 Group


Loan has been disbursed
 
Entrepreneur: Zequentic 6 Group
Location: Zinacantan, Mexico

Thank you for your loan. It has been disbursed to the ZEQUENTIC 6 group, consisting of Maria Perez Hernandez, Maria Perez Vazquez, Juana Elena Perez Hernandez, Pascuala Perez 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
May 6, 2008
Comments (2)

Kiva Help Repayment Schedule for Zequentic 6 Group

  Expected Repayments Actual Repayments Comments
August 2008 $122.73 $123.00 Repayment Received
September 2008 $122.73 $123.00 Repayment Received
October 2008 $122.73 $123.00 Repayment Received
November 2008 $122.73 $123.00 Repayment Received
December 2008 $122.73 $123.00 Repayment Received
January 2009 $122.73 $121.36 Repayment Received
February 2009 $122.73 $122.73 Repayment Received
March 2009 $122.73 $122.73 Repayment Received
April 2009 $122.73 $122.73 Repayment Received
May 2009 $122.73 $122.73 Repayment Received
June 2009 $122.70 $122.72 Repayment Received