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Ceraturo Irquis (Cuenca) Group
In this Group: Gloria Isabel, Priscila Elizabeth, Carmen Patricia, Delia Maria, Julio Cesar, Mercedes De Jesus, Maria Rosalia, Ademir Franklin, Rommel Gonzalo, Telmo Vicente, Julio Enrique, Luis Jeronimo, Maria Teresa, Jose Isaias, Maria Transito, Luis Medardo, Victor Alfonso
The Ceraturo Communal Bank is a group of 17 women and men who are residents of the Ceraturo Irquis neighborhood of Victoria del Portete, located to the south of the city of Cuenca. This region experiences extreme cold while fog develops in the afternoons, making it difficult for people to travel through the streets and preventing them from leaving their homes.


Member María Tránsito P., for the past 3 months, has been living in the house of her sister-in-law who currently resides abroad. María is 23 years old, married, and has 5 children (ages 9, 7, 5, 3 and 1 month). Three of the children attend school in Ceraturo. Before joining Fundación ESPOIR, she and her husband worked on the Victoria del Portete Estate as farm laborers. They milked the cows and worked in the fields. Their work schedule was from 6am to 6pm. At the estate, some of the supervisors were good and while others were bad. However, none of them liked it whenever María had to miss work or leave early to take care of her children whenever they became sick. She became a member around June 16th of this year when a neighbor told her about the Foundation and invited her to join. She is requesting a loan of $110 so that she can buy guinea pigs and grass, enabling her to quit her farm job so that she can spend more time caring for her children. Her goal is to start breeding more animals, not just guinea pigs, but also cows, pigs and chickens so that her family can get ahead and become self-sufficient.


Member Rosalía C. is 36 years old, married and has a 16 year old daughter. Her husband works in an auto body shop, repairing and painting cars. Meanwhile, she works as a domestic helper and also sells Avon cosmetic products and other brands as well. Her clients are primarily neighbors, friends and acquaintances. She has been selling cosmetics for 8 years. When she was younger she previously worked as a temporary employee, a salaried employee, and also in restaurants. She also takes charge of the domestic duties for her own home. Rosalía works from 7:30am to 5pm. She is requesting a loan of $220 to buy Avon products because she sells on credit. Sometimes the company has promotions, so she can pay for the products now and recoup the costs afterwards when customers make their payments. She takes orders from her customers every two weeks, which totals between $100-$120, of which 25% is profit. (That figure is reduced between 5-10% after taking into account the costs of the products.) This is the first time she has taken out a loan. In the future she would like to open her own business, such as restaurant, because she enjoys cooking.


All members have promised to pay their loans on time and in a responsible manner.

View original language description ↓
El Banco Comunal Ceraturo es un grupo nuevo de 17 socias y socios que son residentes del barrio Ceraturo Irquis en Victoria del Portete ubicado al sur de la ciudad de Cuenca, este sector es de un clima demasiado frío y que por la tarde baja la neblina lo que hace que la gente no transite por las calles ni salgan de sus casas.

La socia María Tránsito P. vive ya unos tres meses en casa de su cuñada que reside en el extranjero. María tiene 23 años de edad, es casada y tiene cinco hijos de 9, 7, 5, 3 años y la última de un mes de edad, los tres primeros hijos los cuales son varones están estudiando en la escuela de Ceraturo. Antes de ser socia de la Fundación trabajaba conjuntamente con su esposo en una hacienda la Victoria del Portete como peones, sacando leche de las vacas, en labores del campo, su horario era de 6 AM. A 6 PM. En esta hacienda los jefes eran algunos buenos y otros malos, pero lo que no le gustaba a María era que no los consideraban ya que debían ser cumplidos con su trabajo que no había ningún justificativo para faltar, no les importaba hijos ni enfermedades. Es socia más o menos desde el 16 de Junio de este año, un vecino del barrio les hizo conocer de la fundación y les invitó a que ingresen, pidió $110 de préstamo para comprar cuyes y hierba, para de esta manera salir de la hacienda en donde ella trabaja porque el tiempo no le alcanza para cuidar a sus hijos. Su meta es poder trabajar en la crianza de animales no solo de cuyes sino también de vacas, puercos y pollos para así progresar y poderles dar lo que ellos necesiten.

La socia Rosalía C. tiene 36 años, es casada, y tiene una hija de 16 años. Su esposo trabaja en latonería, reparando y pintando los carros, mientras ella trabaja como empleada doméstica y además vende productos cosméticas de Avon y de otras marcas también. Sus clientes son principalmente sus vecinas, amigas y conocidas. Hace 8 años que vende cosméticos, y desde niña está trabajando en los trabajos que le surgen, como empleada o en restaurantes. Ella también se encarga de los quehaceres domésticos de su propia casa. Suele trabajar desde las 7:30am hasta las 5pm. Está pidiendo este crédito de $220 para comprar productos de Avon, porque vende a crédito. Aveces la empresa hace promociones, entonces para ella le conviene cubrir los costos en estos momentos y recuperarlos después. Ella toma pedidos de sus clientes para cada quincena, y suele recibir $100-$120 en pedidos cada quincena, de los cuales un 25% es ganancia para ella (la ganancia se desminuye entre 5% y 10% después de tomar en cuenta sus costos). Este es la primera vez que ella ha sacado un préstamo. Para el futuro, le gustaría poner un negocio propio, por ejemplo un restaurante, porque le gusta mucho cocinar.

Todos los socios y las socias están comprometidos a pagar el crédito puntualmente y de una manera responsable.

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

  • $10,200
    Average annual income
  • 15
    View loans »
    Ecuador Loans Fundraising
  • $22,541,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Ceraturo Irquis (Cuenca) Group's $3,925 loan helped a member operating capital.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 17, 2009
Listed
Jul 19, 2009
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2010