Trabajadoras Tolimán (grupo I) Group

Status: Paid Back

$2,700
Loan Request
Disbursed : Mar 13, 2008
Listed: Feb 27, 2008
Funded: Feb 28, 2008
$2,700
Paid Back
Ended: Nov 1, 2008

About the Country

Country:Guatemala
Avg Annual Income:$4,155
Currency:Guatemala Quetzales (GTQ)
Exchange Rate:7.7006 GTQ = 1 USD


In this Group:
Inecia Gonzalez, Juana Miza, Cristina Sajquiy, Isabel Tun, Maria Chach, María Cojtin, Blanca Sulugui, Rosa Guoz, Irma Gonzalez

About the Loan

Location: San Lucas Tolimán, Sololá, Guatemala   Repayment Term: 9 months
(more info)
Activity: Grocery Store   Repayment Schedule: Monthly
Loan Use: To buy products for grocery store; To buy corn, coffee, and beans; To buy threads for weaving   Currency Exchange Loss: Covered
      Default Protection: Covered

Despite the many difficulties that the women of the communal bank “Las Trabajadoras Tolimán” have faced, they live with determination and smiles that enable them to keep working hard. Although the women have only been together as a group for less than two years, they are like family, because they all live in the same community: the San Gregorio neighborhood. From living as neighbors for so many years, they have learned to work together, organizing celebrations, events, birthdays, and even charitable giving to support their neediest neighbors. This spirit of togetherness has allowed them to transitional with ease into working together as a bank.

Most of the women have small grocery stores, selling basic food items as well as cleaning products and cooking utensils. A few women have businesses buying and selling corn, beans, and coffee. In the area of Atitlán where these women live, coffee is harvested in January, so they are at their busiest time selling their coffee. And to add to the variety of the group, there are a few women who weave huipiles, an intricately woven traditional blouse worn by Guatemalan women. They also weave dresses, skirts, and belts.

Nine of the nineteen women are asking for a loan of $2700, with which they will purchase products to restock their stores, such as eggs, sugar, salt, soap, and detergent. Others will invest in corn, beans, and coffee in bulk, which they will then sell to their communities. The rest will go towards colorful threads and fabric to make their weavings.

The dream of the women of Las Trabajadoras Tolimán is to provide as best they can for their children. They are overcoming their hardships and determined to provide an education for their children, in order that they can have a better future.


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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Journal entries for Trabajadoras Tolimán (grupo I) Group


Loan has been disbursed
 
Entrepreneur: Trabajadoras Tolimán (grupo I) Group
Location: San Lucas Tolimán, Sololá, Guatemala

Thank you for your loan. It has been disbursed to the Trabajadoras Tolimán (Grupo I) group, consisting of Irma Gonzalez, Rosa Guoz, Blanca Sulugui, María Cojtin, Maria Chach, Isabel Tun, Cristina Sajquiy, Juana Miza, Inecia Gonzalez by Friendship Bridge in Guatemala. We are excited to watch this business grow. Over the next 6 months, Friendship Bridge will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from San Lucas Tolimán, Sololá, Guatemala
Mar 13, 2008
Comment on this entry

Journal
 
Entrepreneur: Trabajadoras Tolimán (grupo I) Group
Location: San Lucas Tolimán, Sololá, Guatemala

When I arrive at the Trabajadoras Tolíman group I notice they really live up to the name of the group: most of them have 2 jobs! Some of them could not attend to this meeting due to their hard work. I will tell you the story of three of them.

While speaking to Juana Ed Jasil, I find out she is the mother of Irma Sicay, one of the entrepreneurs. She tells me her daughter has 4 kids, 2 of whom have unfortunately died. Her oldest daughter was ill today and that’s why she couldn’t attend the meeting. Despite Juana living in another village an hour away, she went in her daughter’s place because she knows how important these meetings are, being a leader of another group herself.

Irma’s business is not going very well at the moment; she buys and sells huipilles, the traditional blouse worn by the women. In order to be able to pay the loan back, she has decided to go and work cleaning houses. She continues to trade in huipilles and as soon the rainy season has passed, she will sell much more, her mother believes.

Porfiria embroideries the huipilles she makes herself. The huipilles are sold to an agency that will take them to several markets. Just like many of the other members of Trabajadoras Tolíman, she also has two jobs and is taking care of a holiday chalet. She spends her evenings embroidering the huipilles: animals and fishes are her speciality. The tourists who stay in the chalet are always very enthusiastic buying from her! Porfiria’s three oldest daughters are all married, but her youngest, now 13 years old, is learning how to embroidery the way her mother does. After school, she often helps her mother with her business.

Betzabe sells all kinds of soaps. Before her loan, she couldn’t buy many different types of soap because the suppliers only wanted to give her only a few of each. Now she has expanded her business with her credit. She has any kind of soap you can think of: soap to wash white and coloured clothes, soap to wash your hands, soap used for scrubbing floors and many more. In her store she has even made a small corner where sugar, rice and vegetable oil are for sale. All in all: a real shop where she works very hard and even helps her kids with their homework when her husband is off to Guatemala City to work in construction.

On the picture you see how Porfiria is paying back to loan officer Gloria.


Posted by Chanti de Kleijn from San Lucas Tolimán, Sololá, Guatemala
Aug 13, 2008
Comments (2)

Kiva Help Repayment Schedule for Trabajadoras Tolimán (grupo I) Group

  Expected Repayments Actual Repayments Comments
June 2008 $450.00 $450.00 Repayment Received
July 2008 $450.00 $450.00 Repayment Received
August 2008 $450.00 $450.00 Repayment Received
September 2008 $450.00 $450.00 Repayment Received
October 2008 $450.00 $450.00 Repayment Received
November 2008 $450.00 $450.00 Repayment Received