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Las Cumbeñitas (Cuenca) Group
In this Group: Maria Guillermina, Ana Lucia, Carmen Rosario, Martha Margarita, Laura Rocio, Maria Julia, Jorge Emiliano, Manuel Nestor, Marcelo Mario
The Cumbeñitas Community Bank is formed by a group of men and women who search for better opportunities to provide for their families and to offer them a better future. They are from the Cumbe parish, where some of the members live. Others live in different locations in Cuenca. Most people in town is dedicated to agriculture .


Martha is an active member of the bank. She lives in the Sauces community, in the Cumbe parish with her husband who is a mason and their eight children ages 26, 24, 22, 19, 16, 14, 13 and 6. The first, second and fourth sons already work and help with household expenses. Their 22 year old son is married and still live with them. Their youngest children are still students at the Cumbre High School and Arsenio Ullaguari school. Our member is 50 years old. Thanks to the couple's efforts they were able to build their own home.


Martha breeds animals such as chickens, guinea pigs and pigs for Christmas festivities. She has been in this activity since she was little and was taught by her parents. Now it allows her to generate income to help provide for her family. She sells her animals in her community and out of town.


She is in her second cycle working with the foundation and was encouraged to be part of this bank by her friends who were already members. With the loan she requested she will buy more chicks for her business and will keep it growing little by little.


Her goal is to have a big chicken hatchery.


Carmen is another of this bank's members. She lives in the Cristo del Consuelo sector in the Cuiencara area. Carmen is 30 years old and is the single mother of two sons, 9 years old and 7 months old. Her oldest goes to the community's school. Her sons were not recognized by their father and she supports them alone. She rents because she does not own a house.


Our member is in her second cycle working with the foundation. With her previous loan she purchase fruit for her business. She tells us that she has always been in this activity because she helped her mom when she was young. She took over the business to support her sons. With the new loan she will buy oranges, apples, grapes, mangoes and other fruit to increase her business and offer more variety to her customers.


Her goal is to see her sons grow and for them to be good professionals.

View original language description ↓

El banco comunal las Cumbeñitas esta formado por un grupo de hombres y mujeres que buscan mejores oportunidades para salir adelante con sus familias y entregarles un fututo digno, son oriundos de la parroquia Cumbe donde viven algunos de los socios y otros viven en diferentes localidades de la ciudad de Cuenca. En ésta localidad la mayor parte de su población se dedica a la agricultura.

La señora Martha Ordóñez es socia activa de éste banco comunal, ella vive en la comunidad los Sauces en la parroquia Cumbe con su esposo que trabaja como albañil y sus ocho hijos de 26, 24, 22, 19, 16, 14, 13, 6 años de edad, de los cuales el primero, segundo y cuarto hijo ya trabajan y aportan con los gastos del hogar, su hijo de 22 años está casado y aún vive con ellos, sus hijos pequeños aun son estudiantes del colegio Cumbre y la escuela Arsenio Ullaguari, nuestra socia tiene 50 años y gracias al esfuerzo conyugal lograron construir su casa propia.

Martha se dedica a la crianza de animales como pollos, cuyes, cerdos para la fiesta navideña esta es una actividad que realiza desde que era muy pequeña inculcada por sus padres y que ahora le permite generar ingresos económicos para ayudar a mantener a su familia; sus animales los comercializa en su comunidad o sale a la ciudad para venderlos.

Se encuentra en su segundo ciclo trabajando con la fundación y fue incentiva a formar parte de éste banco por sus compañeros que ya eran miembros del mismo, con el préstamo que realizó va a comprar más crías de pollos para su negocio e irlo incrementando poco a poco.

Su meta es llegar a tener un gran criadero de pollos.

Carmen Fernández es otra de las socias de éste banco, ella vive en el sector Cristo del Consuelo en la urbe cuencana, Carmen tiene 30 años y es madre soltera de dos niños uno 9 años y el otro de 7 meses, su primer hijo estudia en la escuela de la comunidad, sus hijos no son reconocidos por su padre por lo que ella sola los está sacando adelante, viven arrendado porque no tienen casa propia

Nuestra socia se encuentra en su segundo ciclo trabajando con la fundación y con el crédito anterior adquirió frutas para su negocio, nos comenta que siempre se ha dedicado a esta actividad porque ayudaba a su mamá desde muy pequeña y ahora ella se hizo cargo del negocio para mantener a sus hijos; con el nuevo préstamo solicitado va a comprar naranjas, manzanas, uvas, mangos y mas frutas para incrementar su negocio y ofrecer variedad a sus clientes.

Su meta es ver a sus hijos crecer y que lleguen a ser buenos profesionales.

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
  • 34
    View loans »
    Ecuador Loans Fundraising
  • $23,448,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Las Cumbeñitas (Cuenca) Group's $3,200 loan helped a member purchase chicks and fruits such as oranges, apples, grapes, mangoes, etc.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 2, 2009
Listed
Dec 22, 2009
Currency Exchange Loss:
N/A
Ended:
Jun 15, 2010