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Las Progresistas (Cuenca) Group
In this Group: Martha Veronica, Erika Marlene, Diego Xavier, Urgiles Digna, Ana Lucia, Ines Fabiola, Maria Juana, Maria Angelita
The Las Progresistas communal bank is made up of a group of enterprising women who are all friends. They united to help each other get ahead in life and to offer their families everything they haven't been able to have in life. They live in greater Cuenca, which is Ecuador's third most important city. It has four rivers that bathe the city, its historic city center takes us to remember and relive its history; it is the city where everyone would like to live.
María Guiñansaca, 53, is a member of the Las Progresistas communal bank. She lives in greater Cuenca in a beautiful area known as 1 de Mayo Avenue. She is a single mother and has had 6 children, all of whom are now adults. Her oldest four sons are all married and two are single. These two do help her economically to meet household expenses. They don't own their house; they rent. Maria works preparing and delivering lunches. She works Monday through Saturday, starting her meal preparation at 7am and going until 1pm when she finishes delivering her dishes. She tells us that she is doing well and, when she has any time left over, she does some advance preparation of the next day's meals. She gets along well with all the members of the group creating a good work environment and comradery. This is her second loan cycle with the foundation and she tells us that the loans received have been invested in her business. The new funds that FUNDACION ESPOIR will provide will be used to buy pots, gas tanks, etc. Her greatest wish is to have her dining room. Martha Viñansaca, is another group member. Like her fellow member, she also prepares lunches. She has been in this line of work for 5 years. She works from 8am to noon. She tells us that she does well because she has a regular customer base. Her business is located in her home. This is her first loan with the foundation and it was her mother who encouraged her to join. With the funding from
fundación Espoir she will enlarge her business; her great dream is to make her business larger.
View original language description ↓
El banco Comunal Las Progresistas está formado por un grupo de mujeres emprendedoras, teniendo todas un gran lazo de amistad, el cual les hizo unirse para juntas poder salir adelante y ofrecer a su familia todo lo que no han podido tener en la vida, viven por la urbe de la ciudad de Cuenca, siendo esta la tercera ciudad más importante del Ecuador, tiene 4 ríos los cuales bañan a esta ciudad, su centro histórico nos lleva a recordar y revivir su historia es la ciudad donde todos desean vivir.

La Sra. María Guiñansaca, es socia del banco comunal Las Progresistas, vive en la urbe de la ciudad de Cuenca por un hermoso sector como es la Av. 1 de Mayo, tiene 53 años de edad, es madre soltera y ha procreado 6 hijos, todos son mayores de edad, sus cuatro primeros hijos son casados y dos solteros, estos últimos si le ayudan económicamente para los gastos de su hogar, la casa en la que habitan no es de su propiedad por lo que viven arrendando.

María se dedica al negocio de entrega de viandas (preparación de platos para el almuerzo), trabaja de lunes a sábado comenzando con la preparación de sus platos a las 7 a.m. hasta 1 p.m. terminando con la entrega de sus platos, nos comenta que si le está yendo bien y que cuando le sobra tiempo deja adelantando la preparación de la comida del día siguientes, se lleva bien con todas las socias creando un buen ambiente de trabajo y compañerismo, es su segundo ciclo en la fundación y nos dice que los préstamos recibidos los ha invertido en su negocio, y con el nuevo préstamo que FUNDACION ESPOIR, le entrega, va a invertirlo en la compra de ollas, cilindros de gas que le hace falta, etc. Su mayor sueño es llegar a tener su salón.

La Sra. Martha Viñansaca es otra socia del banco las progresistas se dedica al igualque su compañera a la elaboración de viandas, lleva realizando esta actividad hace 5 años, su horario de trabajo es de 8 a.m. hasta las 12 p.m., nos comenta que si le va bien pues ya tiene su clientela fija, su negocio está ubicado en su propia casa, es su primer préstamo en la fundación y quien la incentivo para ser socia de este fue su madre, y con el préstamo que fundación Espoir en entregó va a invertir en ampliar su negocio, su gran sueño es hacer más grande su negocio

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
  • 100
    View loans »
    Ecuador Loans Fundraising
  • $23,946,025
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Las Progresistas (Cuenca) Group's $2,275 loan helped a member to buy rice, sugar, oil, lunches, etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 13, 2009
Listed
Dec 7, 2009
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2010