Check out some available loans that are similar to this one!
Las Morlaquitas(Cuenca) Group
In this Group: Luisa Narcisa, Soraya De Lourdes, Maria Mercedes*, Maria Angelica, Ladi Diana, Silvia Ramona, Constancia De Jesus, Narciza De Jesus, Maria Del Rocio
* not pictured
The Morlaquitas Communal Bank is located in the city of Cuenca in the southern part of Ecuador. This bank is comprised of women who are fighters and have a very large vision for their lives. They want to leave behind all that could curtail their future and that of their families. They are confident that each day will go better, and they will be able to give their families a little bit of life that they have always wanted to have. They demonstrate that with much effort and strength you can achieve everything. All of the members of the bank live in the area of the city of Cuenca.

Luisa Narcisa T. A. is an active member of the Morlaquitas Communal Bank. She lives in the area of the city of Cuenca in the Sector de la Feria Libre. She is 45, and she has been divorced for 13 years. Her marital life was not what she hoped for. Her ex-husband attacked her physically and psychologically. Understanding never existed in her home. She has two children, 23 and 13. Her oldest son works in ETAPA (Municipal Business of Telecommunications, Potable Water, Sewage and Sanitation of Cuenca) and studies in the Professional Drivers Syndicate of Azuay. Her youngest son goes to the local school. They do not have they own house, so they live in a rented house.

Luisa has been a stylist for several years. She has been in her place in the city of Cuenca for four years. She has been in the Quingeo parish for 20 years. She also has been selling women’s Yanbal beauty products for six years. She has her own customers, and it is going well for her in both activities.

Luisa is one of the happiest members of her communal bank. She has worked with the foundation for five cycles. She says that the loans she got have helped her in the times of economic hardships she has encountered. They suggested, and she achieved making her business grow by increasing the Yanbal line of cosmetics.

With the loan from the ESPOIR Foundation she will buy more Yanbal products to increase the number of women’s, men’s, and children’s cosmetics in her business.

Luisa’s big dream is that her son completes his post high school education.

Soraya de Lourde Arízaga A. is another member of the Morlaquitas Communal Bank. She lives in San Pedro on the way to Racar in the city of Cuenca. She is 33, happily married, and has a daughter who is two years and seven months. Her husband works in the Cristal bottling plant, which allows him to provide for his household, while looking for the economic stability that they need. They do not have their own house, so they live in a rented house.

Soraya sells Columbian clothing by catalog. She has been in this business for three years. Two months ago she opened a small store in her house. She says that it is going very well for her. She has a fixed customer base. She does this activity door to door in her neighborhood, providing her customers with the convenience of delivering and collecting payment in their home. She does this to give good service and get more customers. Two months ago she opened a small store in her house.

Soraya is an enterprising and charismatic woman. She has a good relationship with her colleagues in the communal bank. She has been working with the bank for three cycles, and she affirms that the loans she has received have helped her maintain her clothing business and start her store. With the loan from the ESPOIR Foundation she will buy products for her store, stock it with various lines, and give good service to her customers.

Her biggest dream is to have her own clothing store.
View original language description ↓
El Banco Comunal Morlaquitas está ubicado en la ciudad de Cuenca al Sur del Ecuador, éste banco está conformado por un grupo de mujeres luchadoras que tienen una visión muy amplia de la vida, quieren dejar atrás todo aquello que pueda truncar su futuro y el de su familia pues tienen mucha confianza que cada día les va a ir mejor y podrán proporcionar a su familia un poco de la vida que siempre desearon tener, demostrando que con mucho esfuerzo y empeño todo se puede lograr, todas las socias del banco viven en la urbe de la ciudad de Cuenca.

La señora Luisa Narcisa T. A. es socia activa del Banco Comunal Morlaquitas, vive en la urbe de la ciudad de Cuenca en el Sector de la Feria Libre, tiene 45 años de edad, es divorciada desde 13 años porque su vida matrimonial no fue la que esperaba, pues su ex marido con frecuencia la agredía física y psicológicamente, ya que en su hogar nunca existió comprensión, tiene 2 hijos de 23, 13 años de edad, su hijo mayor trabaja en ETAPA (Empresa Municipal de Telecomunicaciones, Agua Potable, Alcantarillado y Sanitario de Cuenca) y estudia en el Sindicato de Choferes Profesionales del Azuay, su hijo menor estudia en un colegio de la localidad, no tienen casa propia por lo que la casa en la que habitan es arrendada.

Luisa tiene su profesión de estilista hace varios años, tiene 4 años en su local en la ciudad de Cuenca y 20 en la parroquia de Quingueo, además se dedica a la venta de productos para la belleza de la mujer YANBAL, en éste último lleva seis años y nos comenta que tiene su propia clientela además le va muy bien en las dos actividades.

Luisa es una de las socias más alegres de su banco comunal, trabaja junto a la fundación cinco ciclos y da testimonio que los créditos obtenidos le han beneficiado de muchos apuros económicos que le han surgido y ha logrado hacer crecer su negocio incrementando la línea de cosméticos Yanbal.

Con el préstamo que la FUNDACIÓN ESPOIR le entregue lo va a invertir en la compra de más productos YANBAL para incrementar su negocio con cosméticos para damas, caballeros y niños.

El gran sueño de Luisa es que su hijo llegue a culminar los estudios superiores.

La señora Soraya de Lourdes Arízaga A. es otra socia del Banco Comunal Morlaquitas, vive en San Pedro vía a Racar en la ciudad de Cuenca, tiene 33 años de edad, es felizmente casada tiene una niña de 2 años 7 meses, su esposo trabaja en la embotelladora Cristal lo que le permite aportar económicamente a su hogar buscando la estabilidad económica que necesitan, no tienen casa propia por lo que viven arrendando.


Soraya es comerciante de ropa colombiana por catalogo lleva tres años en este negocio, y hace dos meses abrió una pequeña tienda en su casa, comenta que le va muy bien pues ya cuenta con su clientela fija, esta actividad la realiza puerta a puerta en su barrio dándoles comodidad a sus clientes porque les entrega la mercadería y cobra en el domicilio con el propósito de darles un buen servicio y obtener más clientela, y hace dos meses abrió una pequeña tienda en su casa.

Soraya es una mujer emprendedora y carismática, mantiene una buena relación con sus compañeras del banco comunal, lleva trabajando tres ciclos en su banco y asegura que los créditos recibidos le han ayudado mucho para mantener su negocio de ropa y para montar su tienda. Con el préstamo que la FUNDACIÓN ESPOIR le entregue va a invertir en productos para su tienda, surtirla con vA. líneas y dar un buen servicio a sus clientes.

El mayor sueño de nuestra socia es tener su propio almacén de ropa.



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
  • $24,187,450
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Las Morlaquitas(Cuenca) Group's $2,425 loan helped a member buy merchandise like perfume, cosmetics, clothing for the entire family to increase their businesses.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 4, 2009
Listed
Oct 1, 2009
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2010