Flor Del Cerro #1 Group


Status: Paid Back

$3,075.00   Loan Request
$3,075.00   Paid Back

About the Group

Group Name: Flor Del Cerro #1 Group
Group Members: Maria Ramirez
Manuela Pacay
Rosa Guoz
Antonia Xiquin
Patricia Ramirez
Ana Guoz
Isabel Xiquin
María Quievac
Rosaura Choy
Josefa Petzey
Santos Cutzal
Location: Cerro De Oro, Guatemala
Activity: Clothing Sales

About the Loan

Loan Amount: $3,075.00
Loan Use: Compra de hilo para elaborar tejidos y bordados tradicionales, compra de ropa tradicional y americana para su venta
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 5, 2008
Date Disbursed: May 19, 2008
Date Funded:May 5, 2008
Loan Ended:Jun 19, 2009

About the Country

Country:Guatemala
Avg Annual Income:$4,155.00
Currency:Guatemala Quetzales (GTQ)
Exchange Rate:7.4800 GTQ = 1 USD



Flor del Cerro #1 is a group formed by women who all come from a place called Cerro de Oro (Gold Mountain), which is located in the outskirts of Atitlán Lake. Legend has is that the Mayans would extract gold from this mountain and that around this mountain, the sand was golden in color.

When one walks through the streets of Cerro de Oro, one can see that they are colored with the beautiful traditional outfits that the indigenous women wear daily. The streets are also adorned with the beautiful sound that the people produce when they speak the Maya-Tzutujil language, a dialect from the region.

Unfortunately, not everything is rose-colored in Cerro de Oro. Poverty and its consequences, such as malnutrition and illiteracy, are a great obstacle toward the development of the town. For this reason, Friendship Bridge decided to come to aid this town.

Despite the poverty in this region, the women of Flor de Cerro #1 are decided in working toward achieving a fulfilling life where they can meet the necessities of their families, and Friendship Bridge and Kiva are willing to support them.

All the women that belong to Flor del Cerro #1 work in the textile sector. Half of them are weavers and utilize their credit to purchase threads and weave the beautiful blouses they call huipiles that can be seen in the photograph. The other half uses their credit for the resale of clothing. They purchase traditional clothing whether it be huipiles, long skirts called cortes, aprons and shawls to later resell in the town, or American clothing, which they buy in the capital city.

Loans really make an impact in the lives of these women. Many of them have worked as laborers, store employees or housekeepers, earning an income that was barely enough to cover their expenses. However, with the loan, they are now entrepreneurs who own their own business. This is a radical change in their lives.

If we continue to help them, this change will become a reality. The reality they wish to live, which is to own a successful business with which they do not have to depend on a loan to be prosperous. With our help this dream can move forth…

Translated from Spanish by Evelyn Garcia, Kiva Volunteer.




Flor del Cerro #1 es un grupo conformado por mujeres que provienen de un lugar llamado Cerro de Oro. Cerro de Oro está ubicado a las orillas del Lago Atitlán. La leyenda dice que antiguamente los mayas extraían el oro de este cerro y que a las orillas de este hermoso cerro la arena era de color dorada.

Cuando uno camina por las calles de Cerro de Oro uno puede notar que ellas están pintadas con los bellos trajes tradicionales que lucen las mujeres indígenas todos los días. Las calles también estan ambientadas por el bellos sonido que producen las personas al hablar el idioma Maya-Tzutujil, un dialecto de es área.

Lastimosamente, en Cerro de Oro no todo es color de rosa, la pobreza y sus consecuencias como problemas de desnutrición y analfabetismo son un gran obstáculo para el desarrollo del pueblo. Es por eso que Friendship Bridge decidió incursionar en este lugar.

A pesar de la pobreza en el área las mujeres de Flor de Cerro #1 están decididas a luchar por conseguir una vida plena donde ellas y sus familias puedan satisfacer las necesidades de sus familias y Friendship Bridge y Kiva están dispuestos a apoyarlas.

Todas las clientes que pertenecen a Flor del Cerro #1 trabajan en el sector textil. La metida de ellas son tejedoras y ellas utilizan su crédito para comprar hilo y tejer las bellas blusas llamadas huipiles que están en las fotos. La otra parte utiliza su crédito para la reventa de ropa. Ellas compran ropa tradicional ya sea huipiles, faldas largas llamadas cortes, delantales y perrajes para luego revenderlos en el pueblo o ropa americana que la compran en la capital.

El crédito realmente causa un impacto en la vida de estas mujeres. Muchas de ellas han trabajando como mano de obra, empleadas de una tienda o domésticas ganando un sueldo que con las justas les alcanzaba para cubrir sus gastos. Sin embargo, ahora con el préstamo ellas ya son empresarias y tienen un negocio propio y esto es un cambio radical en sus vidas.

Si nosotros las seguimos ayudando este cambio va a poder convertirse en una realidad. La realidad que ellas quieren vivir, tener un negocio propio que sea exitoso y en el cual no tengan que depender de un préstamo para seguir adelante. Con nuestro apoyo este sueño se puede volver adelante…


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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Anonymous
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Emily
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Journal entries for Flor Del Cerro #1 Group


Loan has been disbursed
 
Entrepreneur: Flor Del Cerro #1 Group
Location: Cerro De Oro, Guatemala

Thank you for your loan. It has been disbursed to the Flor del Cerro #1 group, consisting of Santos Cutzal, Josefa Petzey, Rosaura Choy, María Quievac, Isabel Xiquin, Ana Guoz, Patricia Ramirez, Antonia Xiquin, Rosa Guoz, Manuela Pacay, Maria Ramirez by Friendship Bridge in Guatemala. We are excited to watch this business grow. Over the next 12 months, Friendship Bridge will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Cerro De Oro, Guatemala
May 20, 2008
Comments (1)

Journal Flor del Cerro #1 Group
 
Entrepreneur: Flor Del Cerro #1 Group
Location: Cerro De Oro, Guatemala

The town of Cerro de Oro sits just outside of Santiago de Atitlan in the shadow of the hill with the same name (Hill of Gold). It was a short truck ride from the town of Santiago, which I passed talking to the driver about the crops along the road. The harvest consisted of coffee for commercial sales and corn for personal consumption.

I met the group of women named Flor del Cerro #1 Group at a small elementary school next to the town hall in the quaint village. The women were already seated around the playground and on the swings catching up on local news and sharing family stories when Maria Queiju, the loan officer, and I arrived.

The women in the Flor del Cerro #1 group are weavers. They focus on weaving clothing like guipiles (the customary blouse) and cortes (the customary skirt) in the traditional Cerro de Oro colors of white and maroon. The women work and sell together, going to the market in Santiago every eight days. While they don’t have a shop, they sell their clothing in baskets called canastas that they carry on their heads.

The women were warm, speaking kindly about each other and discussing the supporting role each woman plays in the group. The women help each other in various ways: watching children while some women go to the market, traveling to purchase fabric together, and giving moral support during trying times. They all agreed that while there are difficult aspects of the weaving business, the women of the Flor del Cerro #1 Group have confidence that with the assistance of each other and Friendship Bridge, they will continue to succeed in their business.


Posted by Erin Nobler from Cerro De Oro, Guatemala
Nov 4, 2008
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Kiva Help Repayment Schedule for Flor Del Cerro #1 Group

  Expected Repayments Actual Repayments Comments
August 2008 $256.25 $257.00 Repayment Received
September 2008 $256.25 $257.00 Repayment Received
October 2008 $256.25 $257.00 Repayment Received
November 2008 $256.25 $257.00 Repayment Received
December 2008 $256.25 $257.00 Repayment Received
January 2009 $256.25 $252.50 Repayment Received
February 2009 $256.25 $256.25 Repayment Received
March 2009 $256.25 $256.25 Repayment Received
April 2009 $256.25 $256.25 Repayment Received
May 2009 $256.25 $256.25 Repayment Received
June 2009 $256.25 $256.25 Repayment Received
July 2009 $256.25 $256.25 Repayment Received