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Tzanjay Group
In this Group: Oralida, Lucia, Ana, Albertina, Elena, Pascuala, Maribel
View original language description ↓
The woman from the Tzanjay community come from a delightful village located at the banks of Lake Atitián in the bay of San Juan. It is a very progressive village. In this you can see beautiful murals, painted by local artists, a small but modern library, clean streets and a central market which has very interesting architecture. Furthermore, several foreigners have gone to San Juan to invest in different environmental projects which will benefit the community; projects such as low-energy cookers and recycling, among others.


The Banco Comunal Tzanjay has been working together for four years. All this time the same group of women have been applying for loans from The Friendship Bridge. This institution appealed to them because it doesn't ask for exclusionary prerequisites. Instead, a group of twenty women, photocopy the applicants' identity documents offers them a relatively inexpensive loan plus advice.


This group of woman manage their credit very well. So that they could apply for this loan as soon as possible, they decided to accelerate the repayment of their previous loan. The main reason for this loan is the upcoming village fair. They would like to have capital to invest in their businesses and thus meet the demand that will arise at this event.


Half of the group are craftswomen. They sew beautiful linen textiles, which are used for making "huipiles" - traditional backstrap blouses from the Guatemalan plain. They are also good businesspeople. The other half of the group have grocery stores, selling ham, noodles, sugar, rice etc.


The women say it is thanks to God that their businesses are running well. The previous loan enabled them to increase their working capital to a point where they always have enough to meet the demand from their clientele. For example, one woman says that her clientele is still stable, despite the heavy rain which drenched the plain of Guatemala, The craftswomen who produce textiles and dyes with natural colours say there is a lot of foreign demand for these products, and that it's because of this that their sales are stable throughout the year. Another said that she has a grocery store, and has been investing the profits in the production of "hacky sacks" - small textile balls filled with rice - which are also sold abroad.


The women like working in this group because they like the advice, which the credit agency provides them. They also have fun while chatting with their clients. However, what's most important for them is that all the clients are courteous.


The dream of these women is that their dear bay of San Juan continues developing to the point that it becomes an example to the rest of the neighboring communities around the lake. They also dream that their businesses grow and that their family situations improve. Such noble goals should be supported by noble investments. Think about it!

Translated from [Spanish] by [Lisa Ritchie], Kiva Volunteer.



Las mujeres de la comunidad Tzanjay provienen de un hermoso pueblo ubicado a las orillas del lago Atitlán, San Juan la laguna. San Juan, es un pueblo muy progresista. En este se puede ver bellos murales hechos por artistas locales, una pequeña pero moderna biblioteca, calles limpias y un mercado central que tiene una infraestructura muy interesante. Además, en San Juan varios extranjeros han ido a invertir en distintos proyectos medio ambientales que benefician a la comunidad, tales como cocinas ahorradoras, reciclaje entre otros.

El banco comunal tzanjay ha venido trabajando juntos desde hace cuatro años. Todo este tiempo este mismo grupo de señoras han venido pidiendo préstamos a The Friendship Bridge. Ellas acudieron a dicha institución porque esta no le pedía requisitos salvo un grupo de veinte mujeres, fotocopia de su documento de identidad nacional y fotocopia de cédula y ha cambio les ofrecía un préstamo relativamente barato más capacitación.

Este grupo de señoras se nota que dominan muy bien el crédito ya que ellas decidieron adelantar el pago de la última cuota del préstamo anterior para poder solicitar este crédito lo antes posible. La razón principal, es la feria del pueblo. Ellas quieren tener capital para invertir en sus negocios y así aprovechar la demanda que trae dicho evento.

La mitad del grupo son artesanas. Ellas tejen bellos lienzos de tela que son utilizados para hacer los huipiles, blusas tradicionales del altiplano de Guatemala. También, podemos encontrar comerciantes. La otra mitad del grupo son tienen tiendas de consumo diario. En ellas, las clientas venden jabones, fideos, azucar, arroz, etc.

Las señoras argumentan que gracias a Dios les va bien en el negocio. El préstamo las ha ayudado a incrementar su capital de trabajo al punto donde siempre tienen lo necesario para satisfacer la demanda de su clientela. Por ejemplo, una señora dice que a pesar de las duras lluvias que han venido asotando el altiplano de Guatemala, la clientela es estable. Las artesanas que trabajan elaborando tejidos y tiñendolos con tintes naturales dicen que esos productos tienen mucha demanda en el exterior, es por eso que su venta es estable a lo largo del año. Otra clienta, contó que ella tiene una tienda de consumo, pero con las ganancias ella ha estado invirtiendo en la elaboración de hacky sacks, pequeñas pelotas tejidas rellenas de arroz que también se venden al extranjero.

A las señoras les gusta trabajar en grupo porque les gusta las capacitaciones que les da las agentes de crédito, además de divertirse mucho durante las dinámicas de rompe hielo. Sin embargo, lo más importante es que todas las clientas son cumplidas.

El sueño de estas señoras es que su querido San Juan la laguna siga desarrollando al punto que sea un municipio ejemplo para el resto de comunidades alrededor del lago. Ellas también sueñan con que su negocio crezca y sus familias estén mejor. Metas tan nobles deberían de ser apoyadas con inversiones nobles, piénsalo.

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
  • 94
    View loans »
    Guatemala Loans Fundraising
  • $9,658,675
    Funds lent in using Kiva
  • 7.5
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Tzanjay Group's $2,225 loan helped a member to buy raw materials for fabric and to buy products for a grocery store.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 7, 2008
Listed
Jun 23, 2008
Currency Exchange Loss:
Covered
Ended:
Oct 3, 2009