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Margaritas De Xesampual Group
In this Group: Jesus, Magdalena*, Rosario*, Maria, Laura, Vicenta, Maria, Petrona, Micaela, Josefa, Reyna, Teresa, Vicenta, Cristina, Estela, Santos, Maria
* not pictured
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When the Margaritas of Xesampual women entered the Agency of Solola I noted immediately the combination of young clients and adults inside the group. This usually forms an interesting combination, since the young women tend to listen to the oldest in "compromising" situations, such as when one asks a question in Spanish and the adult women tend to share their know-how with the younger women in moments during the training. Also, a combination of businesswomen and novices C. be found. This combination is something very valuable, since the experience and "tips" that C. be shared benefit the women without so much experience in business.

The great majority of associates inside this group work in the clothes business. They sell clothes, whether traditional clothes such as long skirts called cortes, typical embroidered blouses called huipiles, cinchos or straps, perrajes or scarves and blouses. Also some women resell western clothes inside their town. They buy these clothes buy in the capital or in the regional capitals in order then to sell them in their towns. In the group there is also one associate that has a shoe store.

One of the ladies that sell blouses said that she was going to invest all her loan to buy twenty dozen blouses at Q150 each dozen in order then to resell them for Q180. Another mentioned that with the Q3000 that she was going to receive, she was going to buy five dozen shoes to supply the inventory of her store. The initiatives and quantities vary depending on the businesswoman and the size of their business.

Something that does not vary a lot is the importance they put on covering the needs of their families and their children. Among the basic needs of each client are the expense of food, a college scholarship and gas or firewood. Nevertheless, the largest expense for all the clients is that of food. Feeding their extensive families is not an easy task.

Generating sufficient income in a small town to cover the expenses of an extensive family and also to have money to reinvest in the business is a difficult task. That is why support is important to these women; so that they C. continue doing well with their business and support their families.

Translated from Spanish by B, Kiva Volunteer.


Cuando las mujeres Margaritas de Xesampual entraron a la Agencia de Solola pude notar inmediatamente la combinación de clientes jóvenes y adultas dentro del grupo. Esto usualmente forma una combinación interesante ya que las mujeres jóvenes tienden a asistir a las más adultas en situación “comprometedoras” como cuando uno le hace una pregunta en español y las mujeres adultas tienden a compartir sus conocimientos con las más jovencitas en los momentos de las capacitación. También, se puede encontrar una combinación de empresarias consolidadas y principiantes. Esta combinación es algo muy valioso, ya que las experiencias y “tips” se pueden compartir beneficiando a las mujeres sin tanta experiencia en el negocio.

La gran mayoría de clientas dentro de este grupo trabaja en el negocio de la ropa. Ellas venden ropa, ya sea ropa tradicional como faldas largas llamadas cortes, blusas típicas llamadas huipiles, cinchos o correas, perrajes y blusas. También se encuentran las mujeres que revenden ropa occidental dentro de su pueblo. Aquella ropa la compran en la capital o en las cabeceras departamentales para luego venderlas en sus pueblos. En el grupo tenemos una clienta que tiene una zapatería.

Una de las señoras que venden blusas dijo que iba a invertir todo su préstamo comprar veinte docenas de blusas a Q150 cada docena para luego revenderla a Q180. Otra mencionó que con los Q3000 que iba a prestar iba a comprar cinco docenas de zapatos para surtir el inventario de su tienda. Las iniciativas y cantidades varían dependiendo de la empresaria y el tamaño de sus negocios.

Algo que no varia mucho es la importancia de cubrir las necesidades de sus familias y sus hijos. Entre las necesidades básicas de cada clienta están el gasto de la comida, la colegiatura y el gas o la leña. Sin embargo, el gasto más fuerte de todas las clientas es el de la comida. Alimentar a sus extensas familias no es una tarea fácil.

Generar la suficiente cantidad de ingresos en un pequeño para cubrir los gastos de una familia extensa y además tener dinero para reinvertirlo en el negocio es una difícil tarea. Es por eso que poyar a estas mujeres es importante para que así ellas puedan seguir saliendo adelante con sus negocios y apoyar a sus familias.

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

  • $4,155
    Average annual income
  • 66
    View loans »
    Guatemala Loans Fundraising
  • $8,342,350
    Funds lent in using Kiva
  • 7.5
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Margaritas De Xesampual Group's $4,575 loan helped a member to buy clothes and shoes for resale.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
May 19, 2008
Listed
Apr 29, 2008
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2009