Jardin Atiteca Group


Status: Paid Back

$4,600.00   Loan Request
$4,600.00   Paid Back

About the Group

Group Name: Jardin Atiteca Group
Group Members: Josefa Ajtujal
Nicolasa Ajtujal
Barbara Ajtujal (not pictured)
Maria Tzunun
Felipa Chojpen
Rosa Ajtujal
Juana Rujuch
Juana Ajtujal
Nicolasa Cujcuj
Rosa Guoz
Julia Quievac
Maria Pacay
Margarita Gomez
Paulina Guoz
Gregoria Quievac
Asunción Sitán
Petrona Guoz
Location: Cerro De Oro, Guatemala
Activity: Textiles

About the Loan

Loan Amount: $4,600.00
Loan Use: Purchase thread for weaving güipiles
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 26, 2008
Date Disbursed: Jul 11, 2008
Date Funded:Jun 27, 2008
Loan Ended:Oct 3, 2009

About the Country

Country:Guatemala
Avg Annual Income:$4,155.00
Currency:Guatemala Quetzales (GTQ)
Exchange Rate:7.5375 GTQ = 1 USD



The Jardin Atiteca community from Cerro de Oro is a very small community next to the smallest hump of a volcano in Lake Atitlan. The people enjoy living in such a community where everyone knows everyone. The festive seasons of Christmas and the town fair bring everyone together and give a boost in sales.

Their microenterprise consists of weaving the traditional güipil, the top of the indigenous Mayan outfit, either as a family or with employees (up to 8). To do so, they use the telar de cintura, a weaving method by which one person can weave a güipil in about one day. They then sell this piece for about 150 quetzales (20 USD) to buyers, whether intermediaries, personal contacts or shoppers in the nearby villages of Santiago de Atitlan and San Lucas. Intermediaries take the clothing and sell it to women all around the lake, including women in Panajachel, Solola and Patzun.

There was consensus among the group that their businesses were doing well, since they sell a type of clothing that is not produced very much within Santiago and San Lucas. This low level of competition allows them to sell almost as fast as they produce. So the only thing keeping them from selling more is their limited capital to invest. This is why they are loyal as a group to microlenders and have rarely missed or paid late.

According to the women, the credit has helped their business grow. They can now buy wholesale thread, cloth and dyes. The credit not only helps them buy their materials at a cheaper price, but also helps them be able to produce more items at once. Then, with their savings, they can repay the loans bit by bit.

The clients emphasized that these extra sales allow their business to grow, but most importantly, allow for an increase in income which serves to pay for their children’s educational needs, medicine, and clothing. In addition, this extra money allows them to continue to expand their business, while living a more comfortable life.



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

Charlotte
Redmond, OR
United States

Ms. Kirk
Lake Havasu City, AZ
United States

Diana
Napa, CA
United States

Rebecca
Clovelly, NSW
Australia

Steven
Fitchburg, WI
United States

Andrew
Toronto, Ontario
Canada

Marc
Gilroy, CA
United States

Lauren
Paradise, CA
United States

Dana
Shawnee, OK
United States

Jenny
WALLAROO, South Australia
Australia

Kay
Columbia, MD KivaFriends.org
United States

Anonymous
Tallahassee, FL
United States

lise
montreal, Quebec
Canada

Vic
Chico, CA
United States

Holt
Holmes, NY
United States

Adele
Indianapolis, IN
United States

Anonymous
San Jose, CA
United States

Michael
London, London
United Kingdom

Karen
San Luis Obispo, CA
United States

steve
Ann Arbor, MI
United States

Anonymous

Karen and Gery
KivaFriends.org, Monarch Beach, CA USA
United States

Leila
Beaconsfield, Western Australia
Australia

Brian
Toronto, Ontario
Canada

MGB
Guatemala Ciudad,
Guatemala

David
Gwynn Oak, MD
United States

SAMCO International
Sunnyvale, CA
United States

Laurence
Sioux City, IA
United States

Lee
Clermont, Queensland
Australia

Pangolin
New Milton, Hampshire
United Kingdom

Saving Advice
Cupertino, CA
Japan

Mr. Bunch
Washington, DC
United States

The Blume Bunch
Maple Grove, MN
United States

Laura
Tempe, AZ
United States

Libby
Webster, NY
United States

Colin
Mosman, New South Wales
Australia

Andrew
Gloucester, Gloucestershire
United Kingdom

Tom
Zeist, Utrecht
Netherlands

Cosmin
Bucuresti, ro
Romania

Jill
Lambertville, NJ
United States

Chris
Fayetteville, AR
United States

Kana
yokohama, kanagawa
Japan

wayne
san francisco, CA
United States

Sarita
Atlanta, GA
United States

William
miami, FL
United States

Kyle
Overland Park, KS
United States

Randi & Richard
Soul lives, by giving.

Sandra
Gilmer, TX
United States

Charlene
Jackson Hole, WY
United States

Dcengr
Santa Barbara, CA
United States

Anonymous
Binghamton, NY
United States

Benjamin
Malvern, PA
United States

CHRISTINE
Melaque, Jalisco
Mexico

Martin Desrosiers
Vancouver, British Columbia
Canada

Kurt
Provo, UT
United States

Davey Jo
Chanhassen, MN
United States

Rebecca
Portland, OR
United States

Anne
Rancho Mirage, CA
United States

Anonymous

Ulrike
Wolfsburg,
Germany

david
lahaina, HI
United States

Xander Page
Boulder, CO
United States

Joe
Griffith, IN
United States

Jeff
San Francisco, CA
United States

Rich & Harriet
Seal Beach, CA
United States

Grace
Glastonbury, CT
United States

James
Richmond, British Columbia
Canada

Sally
New Haven, CT
United States

Brian & Kim
Oxford, MI
United States

Elizabeth
Philadelphia, PA
United States

Alan
Yuma, AZ
United States

Anonymous
Cutten, CA
United States

Anonymous
Alameda, CA
United States

Laurie
Seattle, WA, kivafriends.org
United States

Nancy
Ocala, FL
United States

Davo
Anderson, IN
United States

Gumball Capital
Stanford, CA
United States

Steve
Ames, IA
United States

Melanie
Langelsheim,
Germany

Suzanne
Salt Lake City, UT
United States

Anonymous
San Juan Capistrano, CA
United States

Enzo
Celano, AQ
Italy

Laurent
Asnieres sur Seine,
France

Jim and Suzanne
Rochester, MN
United States

Audrey and Jim
EDMONTON, Alberta
Canada

Anonymous
chicago, IL
United States

Jill
Vancouver, BC
Canada

Molly
Philadelphia, PA
United States

Miller Family
Shorewood, WI
United States

Anonymous
Abbotsford, British Columbia
Canada

Pedro
Lisboa, Oeiras
Portugal

Martina
Hofheim,
Germany

Keri / The Medieval Nun
Eagleville, TN
United States

Kimberly
Owatonna, MN
United States

Jeff & Beth
Takoma Park, MD
United States

Daniel
Lawrence, KS
United States

francine
new york, NY
United States

Michael
Los Angeles, CA
United States

Mary Jo & Tom
Western Springs, IL
United States

Angela
Oranit, Israel
Israel

Priti and Anil
Mountain View, CA
United States

Andy & Edric
Oakland, CA
United States

Ruy
London, London
United Kingdom

Natasha
Melbourne
Australia

Ann
RICHMOND, British Columbia
Canada

Tom
Bellingham, WA
United States

emily
Brighton, MA
United States

Jason
Winnipeg, Manitoba
Canada

Andie
Toronto, Ontario
Canada

Greg
Portland, OR
United States

Patti
Petaluma, CA
United States

Glenn
Bend, OR
United States

John
Flower Mound, TX
United States

Lee
Aurora, CO
United States

Anonymous
atlanta, GA
United States

Anonymous

Kara
Bellevue, WA
United States

ShailendarLegacy
Milpitas, CA
United States

Lisa
San Jose, CA
United States

Bosi
Berlin, KivaFriends.org
Germany

Anonymous
Silver Spring, MD
United States

Annette
Perth, Western Australia
Australia



Journal entries for Jardin Atiteca Group


Loan has been disbursed
 
Entrepreneur: Jardin Atiteca Group
Location: Cerro De Oro, Guatemala

Thank you for your loan. It has been disbursed to the Jardin Atiteca group, consisting of Petrona Guoz, Asunción Sitán, Gregoria Quievac, Paulina Guoz, Margarita Gomez, Maria Pacay, Julia Quievac, Rosa Guoz, Nicolasa Cujcuj, Juana Ajtujal, Juana Rujuch, Rosa Ajtujal, Felipa Chojpen, Maria Tzunun, Barbara Ajtujal, Nicolasa Ajtujal, Josefa Ajtujal by Friendship Bridge in Guatemala. We are excited to watch this business grow. Over the next 13 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
Jul 12, 2008
Comments (3)

Journal Jardin Atiteca Group – Cerro de Oro
 
Entrepreneur: Jardin Atiteca Group
Location: Cerro De Oro, Guatemala

To get to the women of Jardin Atiteca Group in Cerro de Oro, I needed to take a boat across Lake Atitlan to Santiago de Atitlan. From there, I jumped on a pick-up truck headed for the quiet highland town nestled between the lake and the hill of the same name (Cerro de Oro literally translates to Hill of Gold). When I got there I didn’t get the quiet welcome I am accustomed to when arriving in Cerro de Oro. It was the day of the Feria de Cerro de Oro, their annual festival celebrating their town and its culture. There was a Ferris wheel, vendors selling goodies and loud music coming from the main square.

The women of Jardin Atiteca were in lively spirits; all clearly excited for the evening’s events which they explained would include a marimba band. Marimba is an instrument like a xylophone with keys made from wood that is traditional in Guatemala and is included in many of the country’s celebrations.

Through the blare of the background music, we began discussing the loans the women have received and how they have affected their lives. Paulina Guoz is one of the younger women in the Jardin Atiteca Group. At only 22 years old, she has been working in the family business of weaving for over seven years. Her mother learned how to weave in San Lucas Toliman, a town on Lake Atitlan renowned for its textiles that use natural dyes. Her mother, in turn, taught Paulina the family trade at the age of 14. She has been extremely grateful for the loan she has received because it has improved her ability to buy larger quantities of fabric. In the past she was purchasing 2-3 pieces of fabric at a time and at retail prices due to her limited income. They cost more and therefore gave her a smaller margin of earnings. With the extra money from the loan she has been able to buy larger quantities of fabric in advance at wholesale prices. Now she is earning more money from her products and has been able to support her family more.

As the meeting came to a close, the music got louder and the women began getting antsy. They joked that they were excited to go home and get ready for the big evening (mostly by napping so they could dance the night away). With the extra money that they have earned since their business has improved, the women of Jardin Atiteca were looking forward to a bit of relaxation and a nice night out on the town.


Posted by Erin Nobler from Cerro De Oro, Guatemala
Nov 12, 2008
Comments (2)

Kiva Help Repayment Schedule for Jardin Atiteca Group

  Expected Repayments Actual Repayments Comments
October 2008 $353.85 $354.00 Repayment Received
November 2008 $353.85 $354.00 Repayment Received
December 2008 $353.85 $354.00 Repayment Received
January 2009 $353.85 $353.39 Repayment Received
February 2009 $353.85 $353.85 Repayment Received
March 2009 $353.85 $353.85 Repayment Received
April 2009 $353.85 $353.85 Repayment Received
May 2009 $353.85 $353.85 Repayment Received
June 2009 $353.85 $353.84 Repayment Received
July 2009 $353.85 $353.85 Repayment Received
August 2009 $353.85 $353.85 Repayment Received
September 2009 $353.85 $353.87 Repayment Received
October 2009 $353.80 $353.80 Repayment Received