Business Workshop: Pricing

Anna, David, Jane, and Nika led this workshop on valuing time and pricing. They started with a laughing ice breaker in which all participants had to laugh for a whole minute. Then, each person had to write or draw everything they do in one day. This setup the conversation about one’s time and how to value time. It was particularly interesting to find out exactly how much the Ajkem’a Loy’a members spend on their products each day. The workshop ended with the detailing of capital costs, material costs, and labor costs, that go into the making of a guipil. They currently charge 150-200 quetzales (U$20-25) per item, but should be charging at least Q458 (U$62), to earn a fair wage (U$1 per hour) and not work at a loss. Although there was a reaction of “Maybe we shouldn’t be weavers any more” the women were excited to learn the details of the numbers behind a business, and are now open to thinking about modified designs which may cost them less to produce.

Share

Share on facebook
Share on twitter
Share on email
Share on print

2 thoughts on “Business Workshop: Pricing

Comments are closed.

Related Posts

Categories

Related Posts

First stop: Antigua

Antigua was the perfect place to spend our first night in Guatemala. Despite the never ending rain from two tropical storms, we couldn’t wait to wander around town and discover

Read More »

Weaving Workshop

Yesterday was a particularly exciting day because we were having our first weaving workshop. I packed my backstrap loom that has traveled with me from Guatemala to NY and back

Read More »

sewing the bags

The women of Ajkem’a Loy’a finishing the bags they designed. Mayda takes charge concerning the patterns and the sewing Rebecca sewing Romelia’s bag Hilda and Gloria finishing their bags, the

Read More »