Theme: Indigenous Issues

A Mayan Financial Crash

Next to an ancestor cross, where Ixil priests make regular offerings, lives one of Nebaj’s better-known financial speculators. Doña Alfonsa (not her real name) has eight children and sells food in the market. She doesn’t own a motor vehicle but she does have a cell phone. Her story is well-known because she has repeatedly apologized for it. In 2005, Alfonsa and her husband began asking their neighbors for huge loans. …

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