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Rosas Rojas (Cuenca) Group
In this Group: Blanca Azucena, Zoila Virginia, Libia Patricia, Fanny Fabiana, Gloria Esperanza, Blanca Leonor, Maria Dolores, Rosa Elvira, Mercedes Monica, Maria Susana, Silvia Veronica, Blanca Margarita, Maria Azucena, Ana Lucia
The Red Roses Community Bank is located in La Estancia, Cabo parish, in Paute canton, in a tourist area of the province of Azuay. People visit the region because of its tropical climate, its fields of flowers, and the wide variety of fruit grown there.
The Community Bank is made up of fourteen members. They are all very friendly and lively, get on well together, and are good neighbours. They work at different jobs, some in their homes and some out in the community. Here are some examples:
Gloria lives in La Estancia, a community located just a few minutes outside of Paute. She is 29 years old, married, and lives with her husband. They have a good marriage and get on well together. They have three children, aged 10, 9, and 8, who attend the local school. They don’t own their own home so they live in a part of the house owned by her parents. Her husband works as a driver and is a mainstay of the household.
Gloria is a businesswoman selling clothing from her own stall in the San José de Paute market and from her home too. She’s had this business for four years and works from 9am to 5pm every day of the week. As she serves customers from her home too, she works in the evenings or whenever her customers arrive to buy items. She carries a wide variety of clothing for men, women and children.
This is her second loan and her business has benefited greatly from the money. She says that all is going well with the members both within the bank and within the community. The loan she is asking for today will be used to buy more clothes such as sweaters and jackets which she sells from her market stall. In order to get a greater variety of clothing, Gloria travels to Cuenca to buy at the Feria Libre. In the future she would like to build a house and expand her business.

María lives in La Estancia which is located a few minutes outside the canton of Paute. She is 39 years old and has been a widow for 17 years. She has never remarried. She has three children aged 16, 9, and 5. Her oldest son is in the fourth year of secondary school. The second is in fifth grade of primary school, and the third is in the local kindergarten. The children are not recognised by their father, and they have kept their mother’s last name. They do have a house of their own but it is in poor condition and on the point of falling down. They live in another house which they take care of.
María works as a farmer growing all sorts of vegetables. She also raises guinea pigs and chickens. She works from 8am to 5pm every day as she has to water her crops, cut grass for the guinea pigs, or care for the chickens. This is her second loan and all is going well with her colleagues at the bank. She is one of the most lively and entertaining members of the group. This loan will be used to expand the guinea pig and chicken farm. In the future her goal is to have a nice home where she can live proudly.

Zoila lives in the parish of El Cabo, in the neighbourhood of La Estancia. She is 29 years old and has lived with her partner for many years. He helps a great deal in the home. They have a daughter aged 12 who is in first year of high school. They do not own their own home but live in another house which they take care of. Zoila earns her living by raising animals such as guinea pigs, chickens, and pigs. She also grows vegetables which she sells in the Paute and Gualaceo markets.
Zoila has worked for herself for the last six months and has had no problem raising the animals. She says that working independently has many advantages, as she doesn’t neglect her domestic duties, or her husband, and she has more time to spend with her daughter.
This is her third loan with Kiva partner, Fundacion Espoir, and Zoila is very grateful as she has learned to cope by herself and become an independent businesswoman. She plans to use this loan to expand her farm, buy food for the animals and seeds for her vegetable garden.
Her dream is to continue working so that she can give her daughter a good education and never want for anything.
View original language description ↓
El Banco Comunal Rosas Rojas está ubicado en la Estancia, Parroquia el Cabo, en el Cantón Paute, Paute es una zona turística de la provincia del Azuay, es visitado por su clima tropical, las plantaciones de flores y la gran variedad de frutas que se cultivan en sus tierras.

El Banco Comunal está conformado por 14 socias todas muy amables y alegres se llevan muy entre sí y son muy buenas vecinas en su comunidad, se dedican a diferentes labores ya sea en la casa o fuera de ellas, es así por ejemplo citamos unas de ellas:

Gloria vive en la Estancia es una comunidad minutos antes de llegar a Paute, tiene 29 años de edad, está casada vive con su esposo y se llevan muy bien en su vida matrimonial, fruto de su unión conyugal concibieron 3 hijos de 10, 9, 8 años de edad, todos estudian en la escuela de la comunidad, no tienen casa propia por lo que viven en la casa de sus padres en cuartos separados, su esposo trabaja como chofer y es un pilar fundamental en su hogar.

Gloria es comerciante de ropa y tiene puesto propio en el mercado San José de Paute y también vende en su casa, trabaja en su negocio hace 4 años, y su horario es de 9 a.m. a 5 p.m. de lunes a domingo y en su casa a tiende en la noche o a la hora que lleguen a comprar por que tiene una gran variedad de ropa para hombre, mujer y niño todo muy surtido.

Es su segundo crédito y le a beneficiado mucho en su negocio, nos cuenta que se lleva muy bien entre todas las socias tanto en el bankito como en su comunidad. El préstamo que hoy realiza es para invertir en la compra de más ropa como: chompas, casacas, las cuales le entregan en el puesto de venta.

Para obtener un mayor surtido de ropa viaja a la ciudad de Cuenca para comprar en la Feria Libre, su meta para el futuro es construir su casa y ampliar su negocio.

María vive en la Estancia a unos minutos antes de llegar al cantón Paute, tiene 39 años de edad, es viuda hace 17 años y no se ha vuelto a casar, tiene 3 hijos de 16, 9, 5 años de edad, su primer hijo concebido en su matrimonio esta en el colegio cursando el 4to año, el segundo y tercer hijo cursan el 5to año de educación básica y el jardín en la escuela de la comunidad, no son reconocidos por su padre y llevan el apellido materno.Ttienen casa propia pero se encuentra en muy mal estado a punto de caer, viven cuidando una villa.

María trabaja en la agricultura sembrando toda clase de hortalizas, también se dedica a la crianza de cuyes, pollos, su horario de trabajo es de 8 a.m. a 5 p.m. todos los días, por lo que no se debe descuidar del riego de sus hortalizas, de cortar la hierva para los cuyes y estar al pendiente de la criaza de los pollos, este es su segundo crédito y se lleva muy bien con sus compañeras, es una de las socias mas alegre y divertida en el grupo, el préstamo que hoy realiza los va a invertir en la ampliación de su criadero de pollos y cuyes, su meta para el futuro es llegar a tener una buena casita donde pueda vivir dignamente.

Zoila vive en la parroquia el Cabo, sector la Estancia, tiene 29 años de edad, vive en unión libre hace muchos años, siendo su esposo un gran apoyo en su hogar, fruto de su amor procrearon una niña que tiene 12 años de edad, está en el colegio cursando el primer año, no tienen casa propia, viven cuidando una villa, se dedica a la crianza de animales como son los cuyes, pollos, chanchos, también se dedica a la siembra de hortalizas, las que vende en los mercados de Paute y Gualaceo.

Lleva 6 meses trabajando independientemente y no ha tenido ninguna dificultad en la crianza de sus animales, nos cuenta que trabajar así tiene muchas ventajas por que no se descuida de los quehaceres domésticos, de su esposo y pasa más tiempo con su hija.

Es su tercer ciclo trabajando junto a la FUNDACION ESPOIR, y esta muy agradecida ya que se pudo desenvolver por si misma e independizarse en un negocio propio; el préstamo que realiza lo va a invertir ampliando su criadero, en la compra de alimento para sus animales y la compra de semilla para su huerto.

El sueño que tiene para el futuro es de seguir trabajando para darle una mejor educación a su hija y tratar de que nunca le falte nada.

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
  • 57
    View loans »
    Ecuador Loans Fundraising
  • $24,308,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Rosas Rojas (Cuenca) Group's $4,350 loan helped a member to buy clothing, animals, feed, seeds.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 12, 2009
Listed
Sep 14, 2009
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2010