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Siempre Amigas (Cuenca) Group
In this Group: Rosa Targelia, Rosa Florencia, Luz Filomena, Ruth Carlota, Luz Maria, Maria Patricia, Luz Aurora, Jael Cecilia, Viviana Elizabeth, Onofria Apolonia, Clemencia Beneranda, Maria Trancito
The communal bank group “Siempre Amigas” (Friends Forever) gathers in the community of El Valle, about 20 minutes outside the city of Cuenca in southern Ecuador. The group consists of 12 members who are punctual, courteous, and get along very well with each other.


Mrs. Luz is 46 years old, married and has 6 children, 5 of whom live with her. She works from home, raising livestock and cultivating crops. She breeds guinea pigs, chickens, cows, pigs and sheep, and also harvests corn and beans for her family’s consumption. She is requesting a loan of $165 to buy food and vitamins for her animals, such as grass and grain for her guinea pigs. In the future, she would like to grow her business, but she cannot believe that she still spends lots of money on her children’s education. Some of them are in college now. "Hopefully they will turn out to be something in life and succeed," she said.


Mrs. Maria Transito is the sister of Mrs. Luz. She is 53 years old, divorced and has 6 children, two of whom live with her. She has two small businesses that help pay for her children's education: selling wood and cheese she makes from the milk of her own cows. She has faced a few challenges in her life – including health problems such as arthritis, hearing problems, and vision problems that have made it difficult for her to do much work. She is asking for a loan of $110, which will be used to buy firewood to sell later.


Mrs. Maria is 42 years old, married and has 3 teenage children. She raises animals such as guinea pigs, chickens, pigs and dairy cows. This woman also grows corn, broad beans and kidney beans in her fields. She said that she works hard so that her children can study and make something out of their lives. Maria will use her loan of $110 to buy feed for her chickens and pigs. She said that the money will be enough to feed her animals for 15 days.


The group is committed to pay the loan on time. The members have been very responsible with previous loans.


Note: The lady who appears in the photo on the right is Mrs. Rosa C., the treasurer of the community bank group. She could not attend the meeting when the group photo was made, so a separate photo was taken. The young man sitting on the left is the group’s loan officer, Pedro Vasquez.

View original language description ↓
El Banco Comunal Siempre Amigas pertenece a la comunidad de El Valle, aproximadamente 20 minutos fuera de la ciudad de Cuenca, en el sur de Ecuador. El grupo consiste de 12 socias, es un grupo muy puntual y cumplido y las socias se llevan muy bien entre ellas.

La señora Luz tiene 46 años, es casada y tiene 6 hijos, 5 de los cuales viven con ella. Ella trabaja desde su casa, se dedica a la ganadería y la agricultura. Cría cuyes, gallinas, vacas, chanchos y ovejas, y además cosecha frijoles y maíz para consumo familiar. Ella está pidiendo un préstamo de $165 para comprar alimentos y vitaminas para sus animales, por ejemplo, hierba y harina para sus cuyes. Para el futuro, ella quisiera crecer su negocio, pero cree que no puede todavía porque está invirtiendo mucho dinero en los estudios de sus hijos, algunos de los cuales están en la universidad actualmente. “Ojala que ellos sean algo en la vida, y que salgan adelante,” dice la señora.

La señora Maria Transito es la hermana de la señora Luz. Ella tiene 53 años, es divorciada, y tiene 6 hijos, dos de los cuales viven con ella todavía. Ella hace pequeños negocios para poder pagar los estudios de sus hijos: vende leña, hace quesillo de la vaca que tiene y lo vende. Ella tiene algunas dificultades en su vida: tiene varios problemas de salud, incluyendo artritis, problemas del oído, y problemas de la vista, por eso es difícil que ella trabaje mucho. Está pidiendo un préstamo de $110, el cual usará para comprar más leña para posteriormente vender.

La señora Maria tiene 42 años, es casada, y tiene 3 hijos adolescentes. Se dedica a la crianza de animales, como cuyes, gallinas, y chanchos; además, tiene una vaca lechera. La señora también cosecha maíz, habas y porotos en sus terrenos, y dice que trabaja duro para poder hacer estudiar a sus hijos, los cuales quieren hacer algo con sus vidas. Usará su préstamo de $110 para comprar maíz para alimentar a los pollos como también alimentos para sus chanchos. Dice que este dinero le alcanzará para unos 15 días de comida.

El grupo está comprometido a pagar este préstamo puntualmente. Las socias han sido muy responsables con sus créditos anteriores.

Nota: La señora que aparece en la foto a mano derecha es la señora Rosa C., la tesorera del banco comunal. Ella no podía asistir a la reunión en la que se sacó la foto grupal, entonces se sacó una foto aparte. El jóven que sale sentado a mano izquierda en la foto es el promotor de crédito del grupo, Pedro Vasquez.

Additional Information

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 Ecuador

  • $10,600
    Average annual income
  • 96
    View loans »
    Ecuador Loans Fundraising
  • $24,098,400
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Siempre Amigas (Cuenca) Group's $3,375 loan helped a member purchase animal feed.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 3, 2009
Listed
Jul 4, 2009
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2009