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Nacoj Women Group
In this Group: María, Silvestra, Ligia, Herlinda, María, María, María, Marcelina, Viviana, María, María
View original language description ↓
The women of Nacoj are very enterprising and dynamic. What is more, they have an immense knowledge about Mayan crafts. Many of them are specialists in the meaning of the designs and colors that the Mayans use in the traditional clothing of the Chimaltenango region.



Since they were children, all of the members of this group have cultivated the art of traditional weaving. It is for this reason that they feel so confident about starting a business of traditional weaving, as they know the art like the palms of their hands. In total, the group is requesting a loan of $2,631, each woman receiving between $132 and $263 in six installments. This means that the women in the group will have the same business capacity, as the amount is similar for each.



The majority of the women in the group work making, selling, and reselling traditional weavings such as huipiles
(traditional clothing of indigenous Guatemalan women), cortes (traditional skirts), tablecloths and napkins. Thus, they will use their loans to buy merchandise wholesale in order to resell it in the villages and markets of Chimaltenango, and to buy raw materials to weave their traditional products. Nonetheless, Mrs. María Lucia E. Tu has a bicycle repair shop. She is going to need her loan to buy spare parts. María B. has a tortillería (store that sells tortillas) and she needs the money to continue buying corn to make tortillas.



The dream of these craftswomen is to find a market for crafts abroad. They would like to be able to export their beautiful and well-developed products abroad. In addition, they have the desire to give a better future to their children. Ligia Verónica Sanjak C. said, “I would like a better education for my children so they will be able to have a better future.” Friendship Bridge is committed to giving these women a better future, but we can’t do it without your support.



Note: Due to health problems, one of the clients could not appear in the photo.


Translated from Spanish by Laura Westin, Kiva volunteer.



Las mujeres de Nacoj son muy emprendedoras y dinámicas. Además, tienen un conocimiento sobre la artesanía Maya inmenso. Muchas de ellas son especialistas en el significado de los diseños y colores que los Mayas utilizan en los trajes típicos de la región de Chimaltenango.

Desde niñas todas las integrantes de este grupo han cultivado el arte del tejido típico. Es por eso, que se sienten tan confiadas de empezar un negocio de tejido típico, ya que conocen el arte como la palma de su mano. En total el grupo está pidiendo un préstamo de US$2631 y el rango de préstamos por señora es de US$132 hasta US$263 a un plazo de seis cuotas. Eso significa que las señoras dentro del grupo tienen la misma capacidad empresarial ya que el préstamo es similar.

La gran mayoría de señoras dentro del grupo trabajan produciendo, vendiendo y revendiendo tejidos típicos como huipiles (traje típico de las mujeres indígenas Guatemaltecas), cortes (falda típica), manteles y servilletas. Por ende, sus préstamos los van a utilizar para comprar mercadería al por mayor para revenderla en sus aldeas y en el mercado de Chimaltenango y para comprar materia prima para tejer los productos típicos. Sin embargo, doña María Lucia E. Tu tiene un taller de bicicletas. Ella va a necesitar su préstamo para comprar repuestos. María B. tiene una tortillería y ella necesita el dinero para seguir comprando maíz para preprar tortillas.

El sueño de estas señoras artesanas es de encontrar un mercado de artesanías en el exterior. Ellas quieren ser capaces de exportar sus bellos y bien desarrollados productos al exterior. También, ellas tienen la ambición de brindarles un mejor futuro a sus hijos. Ligia Verónica Sanjak C. dijo: “A mi me gustaría una mejor educación para mis hijos ya que de esa manera ellos van a tener un mejor futuro”. Friendship Bridge está comprometido a darles a estas señoras un mejor futuro, solo nos falta tu apoyo.

Nota: Debido problemas de salud una de las clientas no pudo estar en la foto.

Additional Information

About Friendship Bridge

This loan is administered by Friendship Bridge (FB), a nonprofit, nongovernmental organization that empowers thousands of impoverished Guatemalan women through its Microcredit Plus program. The program combines small loans averaging US$350 for four-to-twelve month loan terms with non-formal, participatory education.

As FB clients, women start, expand, or diversify their businesses and learn practical lessons on topics including business, health, and self-esteem. FB’s clients borrow as a group, forming Trust Banks (groups of 7-25 women who serve as co-guarantors of the loan and act as a self-regulating support network).

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
  • 71
    View loans »
    Guatemala Loans Fundraising
  • $9,637,050
    Funds lent in using Kiva
  • 7.7
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Nacoj Women Group's $2,600 loan helped a member buy traditional clothing at wholesale price to resell in distant villages and in the Chimaltenango market. Buy raw materials to weave traditional clothing which will be sold in the market along with napkins and tablecloths.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 18, 2007
Listed
Nov 4, 2007
Currency Exchange Loss:
Covered
Ended:
May 19, 2008