Margaritas De Xesampual Group


Status: Paid Back

$4,575.00   Loan Request
$4,575.00   Paid Back

About the Group

Group Name: Margaritas De Xesampual Group
Group Members: Maria Sajche
Santos Yaxon
Estela Yac
Cristina Chavez
Vicenta Perez
Teresa Escun
Reyna Lopez
Josefa Vasquez
Micaela Guinea
Petrona Tale
Maria Leja
Vicenta Chavez
Laura Ixcol
Maria Can
Rosario Vasquez (not pictured)
Magdalena Tacan (not pictured)
Jesus Tzunun
Location: Santa Lucia Utatlan, Guatemala
Activity: Clothing Sales

About the Loan

Loan Amount: $4,575.00
Loan Use: To buy clothes and shoes for resale.
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 29, 2008
Date Disbursed: May 19, 2008
Date Funded:May 5, 2008
Loan Ended:Feb 15, 2009

About the Country

Country:Guatemala
Avg Annual Income:$4,155.00
Currency:Guatemala Quetzales (GTQ)
Exchange Rate:7.4552 GTQ = 1 USD



When the Margaritas of Xesampual women entered the Agency of Solola I noted immediately the combination of young clients and adults inside the group. This usually forms an interesting combination, since the young women tend to listen to the oldest in "compromising" situations, such as when one asks a question in Spanish and the adult women tend to share their know-how with the younger women in moments during the training. Also, a combination of businesswomen and novices can be found. This combination is something very valuable, since the experience and "tips" that can be shared benefit the women without so much experience in business.

The great majority of associates inside this group work in the clothes business. They sell clothes, whether traditional clothes such as long skirts called cortes, typical embroidered blouses called huipiles, cinchos or straps, perrajes or scarves and blouses. Also some women resell western clothes inside their town. They buy these clothes buy in the capital or in the regional capitals in order then to sell them in their towns. In the group there is also one associate that has a shoe store.

One of the ladies that sell blouses said that she was going to invest all her loan to buy twenty dozen blouses at Q150 each dozen in order then to resell them for Q180. Another mentioned that with the Q3000 that she was going to receive, she was going to buy five dozen shoes to supply the inventory of her store. The initiatives and quantities vary depending on the businesswoman and the size of their business.

Something that does not vary a lot is the importance they put on covering the needs of their families and their children. Among the basic needs of each client are the expense of food, a college scholarship and gas or firewood. Nevertheless, the largest expense for all the clients is that of food. Feeding their extensive families is not an easy task.

Generating sufficient income in a small town to cover the expenses of an extensive family and also to have money to reinvest in the business is a difficult task. That is why support is important to these women; so that they can continue doing well with their business and support their families.

Translated from Spanish by B, Kiva Volunteer.



Cuando las mujeres Margaritas de Xesampual entraron a la Agencia de Solola pude notar inmediatamente la combinación de clientes jóvenes y adultas dentro del grupo. Esto usualmente forma una combinación interesante ya que las mujeres jóvenes tienden a asistir a las más adultas en situación “comprometedoras” como cuando uno le hace una pregunta en español y las mujeres adultas tienden a compartir sus conocimientos con las más jovencitas en los momentos de las capacitación. También, se puede encontrar una combinación de empresarias consolidadas y principiantes. Esta combinación es algo muy valioso, ya que las experiencias y “tips” se pueden compartir beneficiando a las mujeres sin tanta experiencia en el negocio.

La gran mayoría de clientas dentro de este grupo trabaja en el negocio de la ropa. Ellas venden ropa, ya sea ropa tradicional como faldas largas llamadas cortes, blusas típicas llamadas huipiles, cinchos o correas, perrajes y blusas. También se encuentran las mujeres que revenden ropa occidental dentro de su pueblo. Aquella ropa la compran en la capital o en las cabeceras departamentales para luego venderlas en sus pueblos. En el grupo tenemos una clienta que tiene una zapatería.

Una de las señoras que venden blusas dijo que iba a invertir todo su préstamo comprar veinte docenas de blusas a Q150 cada docena para luego revenderla a Q180. Otra mencionó que con los Q3000 que iba a prestar iba a comprar cinco docenas de zapatos para surtir el inventario de su tienda. Las iniciativas y cantidades varían dependiendo de la empresaria y el tamaño de sus negocios.

Algo que no varia mucho es la importancia de cubrir las necesidades de sus familias y sus hijos. Entre las necesidades básicas de cada clienta están el gasto de la comida, la colegiatura y el gas o la leña. Sin embargo, el gasto más fuerte de todas las clientas es el de la comida. Alimentar a sus extensas familias no es una tarea fácil.

Generar la suficiente cantidad de ingresos en un pequeño para cubrir los gastos de una familia extensa y además tener dinero para reinvertirlo en el negocio es una difícil tarea. Es por eso que poyar a estas mujeres es importante para que así ellas puedan seguir saliendo adelante con sus negocios y apoyar a sus familias.


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

Heather
Seattle, WA
United States

Armin
Stuttgart,
Germany

Matt
Socorro, NM
United States

Nick & Veronica
West Hills, CA
United States

Geoff

Christmas Island

Val & Derek
Thornton, Colorado
United States

Carsten
London, London
United Kingdom

Anonymous
Cambridge, MA
United States

Krista
Bayfield, CO
United States

Steve+Ruth
Elizabeth City, NC
United States

Mark
Carlsbad, CA
United States

Deanna
Fort Collins, CO
United States

Matt and Doreen
San Francisco, CA
United States

Albert
Yellowknife, Northwest Territories
Canada

Keith
Odense,
Denmark

Barbara & Thom
Moore Haven, FL
United States

patrick
glendale, CA
United States

Renae & Matt
arcata, CA
United States

The Fund
Barrie, Ontario
Canada

Randy and Nancy
Grand Junction, Colorado
United States

Kristie
San Jose, CA
United States

Chris & Christy
Seattle, WA
United States

César-Mario
Los Gatos, CA
United States

GrundFund
Chatsworth, CA
United States

Teoh LayGhee Foundation
Singapore, Singapore
Singapore

Carrie
Pearland, TX
United States

Steven
Austin, TX
United States

Kim
Seattle, WA
United States

The Kolb Family Fund
Belmont, MA, www.kivafriends.org
United States

Louise
Brookline, MA
United States

Rob
Huizen, Noord-Holland
Netherlands

Laura
Courtice, Ontario
Canada

Ann
Tucson, AZ
United States

John, Sheila, and Matt
Chester, VT
United States

Kyle
Overland Park, KS
United States

Jane
Winchester, Hampshire
United Kingdom

Carrie
Kakabeka Falls, Ontario
Canada

Jillian
Vence,
France

Eric
Jersey City, NJ
United States

Nancy
MODESTO, CA
United States

Michael
New York, NY
United States

Robert
Atlanta, GA
United States

Brian
Kanata, Ontario
Canada

Connie
SCOTIA, NY
United States

Phil & Jean
Honolulu, HI
United States

Anne
Los Angeles, CA
United States

Anonymous
Bend, OR
United States

Linda
Winston Salem, NC
United States

Bill
Edina, MN
United States

Shannon
Fayetteville, NC
United States

Emily The Great
Mornington, Wellington
New Zealand

Zonta Club of Oneida, NY
Canastota, NY
United States

Katja
Devonport, Tasmania
Australia

Ulrike
KivaFriends.org, Meudon
France

Amy
Mokena, IL
United States

Jeanie
Laguna Niguel, CA USA
United States

Sergey, Teresa & Paola
Kirkland, WA
United States

Reg
Sacramento, CA
United States

loenzo
Los Angeles, CA
United States

Greg
York, Ontario
Canada

Anonymous
bellevue, WA
United States

Men of Benedictine
Cleveland, OH
United States

Bernhard
Mountain View, CA
United States

Schultz Family
Cazenovia, NY
United States

Einar
Hafnarfjörður, --
Iceland

Lynne
Hagaman, NY
United States

Harbor
Santa Monica, CA
United States

Anonymous
Oxford, MI
United States

Samuel
Irvington, NJ
United States

Armann
Reykjavik, NA
Iceland

Anbinh
Washington, DC
United States

Anonymous
Barto, PA
United States

Monika Mitchell
New York, NY
United States

Gary and Dawn
Weehawken, NJ
United States

Roger
Chicago, Illinois
United States

Sylvain
Lille, Nord-Pas-de-Calais
France

ross
toronto, Ontario
Canada

Laila Z
limpsfield, Surrey
United Kingdom

|Wayne
Berryville, AR
United States

Michael
APO, AE
United States

Justin
Willingboro, NJ
United States

Debbie
Surrey, British Columbia
Canada

John
Nashville, TN
United States

Audun
Oslo,
Norway

Brad
Columbus, OH
United States

JIM
Doral, FL
United States

escarapid
Antwerp,
Belgium

David
Long Is City, NY
United States

Russ
WALLA WALLA, WA
United States

Peter
Baldwin Place, NY
United States

Ralph
Park Ridge, IL
United States

Albert
Butler, PA
United States

Brenda
Livermore, CA
United States

Jessica
Beverly, MA
United States

Anonymous

Grace
Chagrin Falls, OH
United States

Rebecca
Port Townsend, WA
United States

Edmundo
Tucson,, AZ
United States

fred
Cologne,
Germany

Fabrizio
Assemini, Cagliari
Italy

Robin
San Francisco, CA
United States

Terry
Springfield, MO
United States

mustard seed
St Jacobs, Ontario
Canada

Diana
Chicago, IL
United States

Richard
Moline, IL
United States

Carrie
Houston, TX
United States

Gabriel
Sydney, New South Wales
Australia

Jing
San Francisco, CA
United States

Mark
Solana Beach, CA
United States

Peter and Erin
Phoenix, AZ
United States

Anne
Toronto, Ontario
Canada

logan huiskamp
Chicago, IL
United States

Marc
Woodland Hills, CA
United States

Thomas
Ventura, CA
United States

Carol
Los Angeles, CA
United States

Susan
Half Moon Bay, CA
United States

Leopold
St.Peter/Au,
Austria

Niklas
Goteborg,
Sweden

Alice18
Kings Mtn, NC
United States

Tim
Saint Peters, MO
United States

Charley
Los Angeles, CA
United States

Emma
Manchester, MD
United States

Michael
=),
Germany

Paul
Crestview, FL
United States

William
miami, FL
United States

Greg & Sylvia
Salmon Arm, British Columbia
Canada



Journal entries for Margaritas De Xesampual Group


Loan has been disbursed
 
Entrepreneur: Margaritas De Xesampual Group
Location: Santa Lucia Utatlan, Guatemala

Thank you for your loan. It has been disbursed to the Margaritas de Xesampual group, consisting of Jesus Tzunun, Magdalena Tacan, Rosario Vasquez, Maria Can, Laura Ixcol, Vicenta Chavez, Maria Leja, Petrona Tale, Micaela Guinea, Josefa Vasquez, Reyna Lopez, Teresa Escun, Vicenta Perez, Cristina Chavez, Estela Yac, Santos Yaxon, Maria Sajche by Friendship Bridge in Guatemala. We are excited to watch this business grow. Over the next 8 months, Friendship Bridge will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Santa Lucia Utatlan, Guatemala
May 19, 2008
Comment on this entry

Journal Margaritas de Xesampual
 
Entrepreneur: Margaritas De Xesampual Group
Location: Santa Lucia Utatlan, Guatemala

I arrived in Santa Lucia Utatlan by pick-up truck to meet the loan officer Luisana Garcia in order to visit the women from the Margaritas de Xesampual group. Santa Lucia Utatlan is a quiet town in the highlands of Guatemala. As we walked down the street I couldn’t help but notice large groups of the town’s children running around with kites. Luisana explained that for the celebration of Dia de los Muertos (Day of the Dead) the children all participate in a kite flying competition. The weeks leading up to the celebration are spent building kites and perfecting techniques in order to win.

Because there wasn’t a group meeting, we decided to walk around the town and meet the women of the group individually. We arrived at the home of Vicenta Perez, one of the entrepreneurs in the Margaritas de Xesampual group, and were greeted by the menagerie of cats, dogs, roosters, chickens and cows that shared the property with Vicenta and her family. Vicenta is an older woman who lives with her daughter Santiaga Ixcol and her husband. Santiaga is a teacher for adults in the community to help promote literacy throughout the rural town. We gathered in the one-room schoolhouse to discuss life after the loans. Vicenta sells traditional clothing like blouses and skirts in markets in Santa Lucia and the larger town of Sololá. She does not have a shop, but puts the clothing in a large sheet and carries it throughout the market on her head. Work for Vicenta has been difficult as she was in a bus accident in Sololá earlier this year. Her daughter Santiaga assists her with the markets and chores around the house. Business right now is tough because people do not have much money in this town. Their first priorities are buying food and necessities over new clothing.

Although business right now isn’t very active, Vicenta explained that the upcoming celebration of San Simon on October 28th and the fair in November would improve it. During fairs and festivals the community celebrates in the streets with food and revelry. Just as with any party or festival, people like to look their best out in public. For this reason, sales always goes up, as people like to buy new things for these specials celebrations. Luckily for Vicenta, this means that business will improve and she will have more money for the upcoming months.


Posted by Erin Nobler from Santa Lucia Utatlan, Guatemala
Nov 4, 2008
Comments (1)

Kiva Help Repayment Schedule for Margaritas De Xesampual Group

  Expected Repayments Actual Repayments Comments
August 2008 $571.88 $572.00 Repayment Received
September 2008 $571.88 $572.00 Repayment Received
October 2008 $571.88 $572.00 Repayment Received
November 2008 $571.88 $572.00 Repayment Received
December 2008 $571.88 $572.00 Repayment Received
January 2009 $571.88 $571.25 Repayment Received
February 2009 $571.88 $571.87 Repayment Received
March 2009 $571.84 $571.88 Repayment Received