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Rosario
The Third of November Community Bank is found in the parish of Cumbe, southwest of the city of Cuenca, Ecuador. This place is known for its craftwork in weaving and also for archeological sites like Cauzhin and Tambo de Mariviña, which attract national and foreign tourists alike. The community bank consists of a group of businesswomen who have forged a solid friendship while always looking to improve their families and community bank. Rosario C. is an active member of this community bank. She lives in Cumbe, is 54 years old, married and has three children, ages 33, 30 and 20. Her eldest daughter has her own family and lives at home, while the other two migrated abroad in search of better days for themselves and their parents. Her husband is a construction worker, and with everyone's efforts they were able to build their home. Rosario dedicates herself to households chores and also raises animals like chickens, guinea pigs, pigs, sheep and cows, which produce milk that she delivers to neighbors in her community. She raises the animals as much for her family to eat as to sell them. Rosario has 12 years' experience working with loans from Kiva partner Foundacion Espoir, and with them she has purchased her animals little by little. With the new loan she is requesting, she plans to purchase fertilizer and seeds for her animals' pastures. Her goal is to purchase land for her children.
View original language description ↓
El banco comunal 3 de Noviembre se encuentra en la parroquia de Cumbe al suroeste de la ciudad de Cuenca, éste lugar se caracteriza por sus artesanías en tejido, también se han identificado sitios arqueológicos como Cauzhin y Tambo de Mariviña atractivos que atraen a turista nacional y extranjero.

Ese banco está formado por un grupo de mujeres emprendedoras que han forjado una amistad muy sólida siempre en busca de mejoras para su familia y su banco comunal.


La señora Rosario C. es socia activa de éste banco comunal, vive en la parroquia Cumbe, tiene 54 años de edad, está casada y es madre de tres hijos de 33, 30, 22 años de edad, su hija mayor formo su propia familia y vive en su casa mientras que sus otros hijos migraron al exterior en busca de mejores días para ellos y sus padres; su esposo trabaja como albañil y con el esfuerzo de todos lograron construir su casa.

Rosario se dedica a los quehaceres domésticos y también a la cría de animales como pollos, cuyes, chanchos, ovejas y vacas de estas últimas la producción de leche entrega a sus vecinos de la comunidad, los animales que cría es tanto para el consumo en casa como para la venta.

Nuestra socia lleva doce años trabajando con los prestamos de la fundación, con ellos ha comprado poco a poco sus animales y con el nuevo crédito solicitado va a comprar abono para sus potreros y sembrar pasto para sus animales.

Su meta es comprar un terreno para sus hijos.

About Ecuador

  • $10,200
    Average annual income
  • 59
    View loans »
    Ecuador Loans Fundraising
  • $23,539,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $550 helped Rosario purchase seeds and fertilizer for her animals' pastures.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 22, 2009
Listed
Dec 1, 2009
Currency Exchange Loss:
N/A
Ended:
May 15, 2010