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El Control (Cuenca) Group
In this Group: Blanca Yolanda, Carmelina Soledad, Mayra Alejandra, Rosa Matilde, Julia Natividad, Mary Verónica, Sandra Ximena, Maria Lusmila, Gloria Priscila
The Communal Bank “El Control” is located in the region of Punta Corral, which is located 15 minutes away from the city of Cuenca. It is a community where people can enjoy its natural beauty. The inhabitants of this area grow crops and raise animals in order to earn a living.


Carmelina R. is a member of the Communal Bank “El Control” and lives in the region of Punta Corral. She is 45 years old and divorced her first husband after 18 years of marriage because of his irresponsibility. They had five children who range in age from 20 to 26 years of age. They all work and help with the household expenses. Carmelina and her current husband have four children (ages 16, 14, 13, and 10). The older children and her husband help with maintaining the household. Carmelina’s husband works as a construction supervisor. As a result of the efforts of the entire family, they have been able to build their own home.


Carmen is a vegetable merchant who grows her own produce as needed when she is not able to acquire merchandise in bulk. She sells at the open air market on Wednesdays, Saturdays, and Sundays. Carmen has been in this business for twenty years and says that sometimes she sells all of her inventory and other times has to return almost everything. She joined the Communal Bank four years ago, but she left the group and returned for the last two loan cycles offered by the Institution. The loans have benefited her family and have helped them get ahead. She will use her new loan to purchase vegetable seeds to grow tomatoes, onions, carrots, etc. Her dream is to see all of her children study and improve day after day.


Mary M. is one of the more cheerful members of her Communal Bank. She lives in the region of Punta Corral with her four year old son and her husband who works as a mason. They do not have their own home, so they live with her mother and contribute toward the household expenses. Mary divides her time between being a mother, wife, and homemaker. She raises pigs to sell at the livestock fair and to neighbors in her community. This is the first loan cycle that she is participating in with the Communal Bank and will use her loan to buy piglets, feed, and vitamins. Her goal is to raise more pigs.

View original language description ↓
El banco comunal El Control se encuentra ubicado en el sector de Punta Corral a unos 15 minutos fuera de la ciudad de Cuenca, es una comunidad donde se puede disfrutar a cada paso de su belleza natural, su gente se dedica a la agricultura y a la cría de animales.

Carmelina R. es socia del banco comunal El Control, vive en el sector de Punta Corral, tiene 45 años de edad, se divorcio de su primer compromiso hace 18 años por la irresponsabilidad de su cónyuge con quien procreo 5 hijos que se encuentran entre 26 y 20 años de edad todos trabajan y le ayudan con los gastos del hogar, ahora tiene un nuevo compromiso del que concibió cuatro hijos de 16,14,13 y 10 años, entre sus hijos mayores y su esposo mantienen el hogar, su actual esposo trabaja como oficial de construcción, con el esfuerzo de toda la familia han logrado construir su casa propia.

Carmen es comerciante vende verduras que ella misma cultiva y cuando le falta adquiere a los mayoristas en el mercado de la Feria Libre los miércoles, sábados y domingos, lleva veinte años en ésta labor y nos comenta que a veces se vende toda la mercadería pero otras no y tiene que regresarse casi con todo.

Ya formo parte del banco comunal hace cuatro años pero se retiro y regreso hace dos ciclos por los beneficios que ofrece la institución, los prestamos le han beneficiado para sacar a su familia adelante y el nuevo préstamo lo va a invertir en la compra de semillas y verduras como tomate, cebolla, zanahoria, etc., hasta que pueda cosechar sus productos.

Su sueño es ver a todos sus hijos estudiar y que se superen día a día.

Mary M. tiene 26 años es una socia muy alegre de su banco comunal, ella vive en la comunidad de Punta Corral con su hijo de cuatro años y su esposo que trabaja como albañil, no tiene casa propia por lo que viven en casa de su mamá y ayudan a los gastos del hogar.

Nuestra socia comparte su tiempo entre ser madre, ama de casa, esposa y criar chanchos para venderlos en la feria libre del ganado o a sus vecinos de la comunidad, este es su primer ciclo en el banco comunal y con el préstamo solicitado va a comprar crías de chanchos, afrechillo y vitaminas para su crianza.

Su meta es incrementar su criadero de chanchos.

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
  • 50
    View loans »
    Ecuador Loans Fundraising
  • $23,490,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of El Control (Cuenca) Group's $2,325 loan helped a member operating capital for various agricultural businesses.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 19, 2009
Listed
Jan 18, 2010
Currency Exchange Loss:
N/A
Ended:
Jul 15, 2010