Xejuyu Concepcion Group

Status: Paid Back

$4,000
Loan Request
Disbursed : Jul 5, 2008
Listed: Jun 21, 2008
Funded: Jun 21, 2008
$4,000
Paid Back
Ended: May 22, 2009

About the Country

Country:Guatemala
Avg Annual Income:$4,155
Currency:Guatemala Quetzales (GTQ)
Exchange Rate:7.5100 GTQ = 1 USD


In this Group:
Francisca Leja Sequec, Teresa Tzunun, Candelaria Lopic Bocel, Aurelia Lopic Bocel, Carmelina Toc Solis, Marina Xiap Solis, Santos Lopic Bocel, Catarina Sotoy Julajuj, Santos Bixcul Dolores, Maria Solis Tzunun, Marcela Solis Tzunun, Dominga Juracan Xitamul, Olga Mercedes Bocel Juracan, Emilia Solis Dolores, Maria Xotoy Xep

About the Loan

Location: Concepcion, Solola, Guatemala   Repayment Term: 11 months
(more info)
Activity: Agriculture   Repayment Schedule: Monthly
Loan Use: To purchase seeds and fertilizer and to buy thread   Currency Exchange Loss: Covered
      Default Protection: Covered
The women of the Xejuyu Concepción Group come from very humble backgrounds. They live in the rural areas of the Concepción municipality in the department of Sololá. Of the fifteen women in the group, all but one have children. All of their children of school age are currently in school, as these women have made their children’s education a top priority. None of the women are able to read and write, nor do they speak Spanish, as their day-to-day interactions are all in their native Kaqchikel language. As they gathered to fill out paperwork for requesting the loan, many appeared timid, a little nervous, but definitely excited about the prospect of getting loans, expanding their businesses, and improving their lives. Only two of the fifteen women were able to sign for themselves, while all the others leave their fingerprint in place of a signature.



The Xejuyu Concepción Group is new to Friendship Bridge and, for at least half of these women, this is their first time to have access to credit. They work in a variety of trades: three work in weaving traditional clothing, eleven work in agriculture, and one sells fruits and vegetables. As such, those working in weaving are requesting loans to purchase more thread and fabric, while those working in agriculture and fruit and vegetable sales will use their credit to buy seeds and fertilizer. They already have great plans for the money they are requesting, and hope to get it very soon. Right now is planting season, so the sooner they get the loans the faster they can get their crops going.



In addition to directly helping their businesses, the women hope that the loan will also enable them to save some money. They all want to be able to set aside more money, specifically to ensure that they can pay for their children’s studies and school supplies. Overall, these women dream of improving their lives and those of their families. More than anything they want to see their children complete school and be successful.



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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Lenders to this group

Jill
Vancouver, BC
Canada

Robert
London, London
United Kingdom

Richard
Delta, British Columbia
Canada

Michele Bartoli
Amsterdam, Noord Holland
Netherlands

Karen
Wayne, NJ
United States

Kara
Toronto, Ontario
Canada

Jim KivaFriends.org
Fort Worth, Texas
United States

Peg
Saskatoon, Saskatchewan
Canada

Rick
Dallas, TX
United States

Sharon
Kihei, HI
United States

Shawn & Janamarie
Hillsboro, OR
United States

Jeff
Lancaster, CA
United States

Andy
Austin, TX
United States

Kim
London, London
United Kingdom

Erika
Sherwood Park, Alberta
Canada

Katherine
Corvallis, OR
United States

Hilde
San Antonio, TX
United States

Kevin
Edmond, OK
United States

Brittney & Sean
West Berlin, Vermont
United States

Anonymous
Issaquah, WA
United States

Tuomas
Kauniainen,
Finland

Anonymous
Eureka, CA
United States

Grant
Toronto, Ontario
Canada

Stephen
Hammersmith, London
United Kingdom

Natalie
Burleson, TX
United States

Gregory
Oakland, CA
United States

Corinna
London, London
United Kingdom

Kim
Minneapolis, MN
United States

Mickey
Tucson, AZ
United States

Howard
Temecula, CA
United States

Bryan
laguna beach, CA
United States

Atul

India

zoe
Palo Alto, CA
United States

Bob & Pat
Spokane, WA
United States

cheryl and charlie
Salt Lake City, UT
United States

Barb
Cornelius, California
United States

Angelika
Griesheim,
Germany

Helena
Hamburg,
Germany

Beate
Nürnberg,
Germany

GoldSeek.com
Littleton, CO
United States

Shashi
South Pasadena, CA
United States

Jerry
Western Washington State,
United States

Scott
Portland, OR
United States

Anonymous
Austin, TX
United States

Cindy
Bowdon, GA
United States

Anonymous
London, Ontario
Canada

Leonid
Stoughton, MA
United States

Jillian
Vence,
France

Anonymous
San Francisco, CA
United States

Felicitas
Königslutter,
Germany

Robert
Sonoma, CA
United States

Isabel
Grand Prairie, TX
United States

George
Rancho Cucamonga, CA
United States

Natalie
Los Angeles, CA
United States

joanne
Acworth, GA
United States

Declan
Dunn Loring, VA
United States

Familia Garcia Galindo
Lucan, Co. Dublin
Ireland

puneet
NEW DELHI, DELHI
India

Janet
Glen Ellyn, IL
United States

Anne Kathrin Maria
Rosengarten,
Germany

Robin
la habra, CA
United States

Anonymous
Minneapolis, MN
United States



Journal entries for Xejuyu Concepcion Group


Loan has been disbursed
 
Entrepreneur: Xejuyu Concepcion Group
Location: Concepcion, Solola, Guatemala

Thank you for your loan. It has been disbursed to the Xejuyu Concepcion group, consisting of Maria Xotoy Xep, Emilia Solis Dolores, Olga Mercedes Bocel Juracan, Dominga Juracan Xitamul, Marcela Solis Tzunun, Maria Solis Tzunun, Santos Bixcul Dolores, Catarina Sotoy Julajuj, Santos Lopic Bocel, Marina Xiap Solis, Carmelina Toc Solis, Aurelia Lopic Bocel, Candelaria Lopic Bocel, Teresa Tzunun, Francisca Leja Sequec by Friendship Bridge in Guatemala. We are excited to watch this business grow. Over the next 9 months, Friendship Bridge will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Concepcion, Solola, Guatemala
Jul 6, 2008
Comment on this entry

Journal Xejuyu Concepcion Group – Concepcion
 
Entrepreneur: Xejuyu Concepcion Group
Location: Concepcion, Solola, Guatemala

To get to the town of Concepcion, where the Xejuyu Concepcion Group lives, I had to travel by pick-up truck on a rural mountain road plagued with potholes. In the countryside above Lake Atitlan, the women of Xejuyu Concepcion Group gather in a small house with large windows to let in sunlight. As I entered the room and sat down on one of the benches situated around the room, Candelaria Lopic Bocel welcomed me to the group at the beginning of the meeting.

Group Xejuyu Concepcion, along with all of the members of the Concepcion community, works in agriculture. The town is well known for its production of white onions. Aurelia Lopic Bocel follows that tradition with her career. She farms carrots and onions with one of her three children. Aurelia explained to me that the loan she received has been very helpful for improving her life. Before the loan, Aurelia didn’t have enough money for daily requirements in her home. With the extra money she was able to purchase goods for her kitchen and blankets for her chilly home. Business now is good, and she is happy she is able to pay back the loan. Emilia Solis Dolores agreed that the loan has been helpful and has given her advantages she wouldn’t have had without the extra money. However, she also admits that the group loan can be difficult when business is poor and not everyone has the money to pay back.

However, the women of Xejuyu Concepcion all agree that their business is steady and they’re confident about their abilities to pay back. They are all excited to complete this loan cycle and begin a new one to help continue their successes.


Posted by Erin Nobler from Concepcion, Solola, Guatemala
Dec 2, 2008
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Kiva Help Repayment Schedule for Xejuyu Concepcion Group

  Expected Repayments Actual Repayments Comments
October 2008 $444.44 $445.00 Repayment Received
November 2008 $444.44 $445.00 Repayment Received
December 2008 $444.44 $445.00 Repayment Received
January 2009 $444.44 $442.78 Repayment Received
February 2009 $444.44 $444.44 Repayment Received
March 2009 $444.44 $444.44 Repayment Received
April 2009 $444.44 $444.44 Repayment Received
May 2009 $444.44 $444.44 Repayment Received
June 2009 $444.48 $444.46 Repayment Received