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Xecajà Group
In this Group: Santos Silverio Renoj , Dilma Inocencia *, Bernardita Rosa , Santa Amelia , Andrea , Gregoria Nicolasa , María Josefina , Gregoria Emiliana, Magdalena , Sinforosa , Petrona , Martina , Marta , Inocenta , Macaria
* not pictured
Santos S. has been a widow for 19 years. She has gotten her children ahead by herself. She is 49 years old, and she has seven children. Two of the children are under her care.

She works with pottery (she works the clay and makes pans and “cómales”, which are used to cook tortillas, etc.). She has had this business for 25 years. She sells everyday, and this is her daily support.

Santos and some neighbors decided to organize a group to be able to request a loan. The loan will be used as working capital to be able to increase the volume of sales.

There are 15 women who comprise the Xecajá Communal Bank. The women devote themselves to various activities like raising animals, pottery, or being a seamstress. Some of the other members sell ice cream, fruit, and vegetables. The group is in Cantón Pacanac, San Cristóbal, Totonicapán.
View original language description ↓
Doña Santos S., tiene 19 años de ser Viuda y sola ha salido adelántate con sus hijos, tiene 49 años de edad, tiene 7 hijos, de los cuales dos están a su cargo, se dedica a la Alfarería (trabaja el barro, tales como sartenes, cómales, etc.) su negocio ya cuenta con 25 años de estar funcionando, vende todos los días y con eso logra el sustento diario. Conjuntamente con otras vecinas deciden organizar un grupo para poder solicitar un préstamo. El cual será utilizado como capital de trabajo y así poder incrementar el volumen de ventas. Son 15 señoras que conforman el Banco Comunal denominado Xecajá, las señoras de dedican a diversas actividades productivas tales como, las crianza de animales, alfarería, sastrería y algunas otras a la venta de helado frutas y verduras. Grupo que se localiza en Cantón Pacanac, San Cristóbal, Totonicapán.

Additional Information

About Asociación ASDIR

ASDIR (Asociación de Desarrollo Integral Rural - Association for the Development of Rural Communities) is a community-based organization that works to promote development in the villages and communities where it serves. It was founded in 1999 in the village of Nimasac, Totonicapán Department, by a handful of local men and women to support community projects and group loans. Today ASDIR has 5 offices across 3 departments (Totonicapán, Sololá and Suchitepéquez) serving more than 6,000 clients, most of them in rural communities.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Guatemala

  • $5,300
    Average annual income
  • 80
    View loans »
    Guatemala Loans Fundraising
  • $9,647,375
    Funds lent in using Kiva
  • 8.1
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Xecajà Group's $3,725 loan helped a member working capital.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 28, 2010
Listed
Jun 8, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 24, 2011