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Maluay De Curiquingue (Cuenca) Group
In this Group: Maria Sandra, Rosa Ubaldina, Narcisa Jesus, Maria Eulalia, Janneth Maria, Maria Consolacion, Irene Miriam, Teresa De Jesus, Carmen Isabel, Patricia Piedad, Fanny Esperanza*, Maria Teresa, Maria Elvira, Rosa Aurora
* not pictured
Sra. María O. is a member of the Maluay Communal Bank, which was formed by a group of enterprising women who try every day to improve themselves and their families. The bank is located in the community of Maluay, which is about 30 minutes away from the city of Cuenca. The majority of the residents grow corn, beans, and potatoes.


María is married and has two children, ages 10 and 7, who attend elementary school in her community. Her husband prepares stucco used on the ceilings of houses. With great effort, María and her husband built their own home.


In addition to her household chores, María raises chickens and pigs. Her family taught her this skill when she was a young girl. The animals are sold to traders who pass through her community. The sale of these animals provides financial support and helps her husband focus on their home.


This is her first loan from the Foundation. She learned about the benefits offered by the Institution from her niece. With this loan, she will purchase chickens, corn, and vitamins for the growth and success of her chicken farm. Her greatest dream is to provide her children with the best education and see them become outstanding professionals.


María C. is another member of the Maluay Communal Bank. She has established good friendships with all of the other members. She is 56 years old, married, and the mother of six children, five of whom are grown and have their own families. María lives in the community of Conchan de Milagros with her husband and 15 year old daughter. Her husband is a construction worker. Thanks to their efforts, María and her husband were able to build their own house.


This is her first loan and she plans to buy rice, sugar, coffee, oil, soap, caramels, bread, colas, and other products in order to restock her small store, which is open every day from 6am to 9pm. In addition, she raises chickens to sell whenever she faces financial difficulty. Her dream is for her daughter to continue her studies until she is able to earn a professional degree.

View original language description ↓
La señora María O. es socia del banco comunal Maluay este banco esta formado por mujeres emprendedoras que buscan día a día la superación personal y familiar, el banco se encuentra ubicado en la comunidad Maluay a unos 30 minutos a las afueras de la ciudad de Cuenca donde la mayoría de su población se dedica al cultivo de maíz, fréjol y papas.

María se encuentra casada y ha procreado dos hijos que se encuentran de 10 y 7 años actualmente están cursando la educación primaria en una escuela de la comunidad, su esposo trabaja elaborando estucos (cielos rasos para tumbados de casa), con su esfuerzo conyugal han logrado construir su casa propia

A más de los quehaceres del hogar María se dedica a la cría de pollos y chanchos, esta actividad realiza desde que era pequeña y lo aprendió de su familia. Sus animales los comercializa a los negociantes que van a su comunidad y con la venta de éstos aporta económicamente y ayuda a su esposo en la atención del hogar.

Este es su primer crédito en la fundación y se entero de los beneficios que ofrece la institución por su sobrina; con el crédito que reciba va a comprar pollos, maíz, y vitaminas para su crecimiento y sacar adelante su pollería.

Su mayor sueño es darles el mejor estudio a sus hijos y verlos convertidos en buenos profesionales.

María C. es otra socia del banco comunal Curiquinge tiene una gran amistad con todas sus compañeras del banco, tiene 56 años, casada y madre de seis hijos, cinco de ellos adultos que formaron sus propias familias, ella vive en la comunidad Conchan de Milagros con su hija de 15 años y su esposo que trabaja en el arte de la construcción y gracias al esfuerzo de su trabajo han logrado construir su casa propia.

Este es su primer crédito y con el espera comprar arroz, azúcar, café, aceite, jabón, caramelos, pan, colas, etc. para abastecer su pequeña tienda en la que atiende desde las 06H00 a 21H00 todos los días, además se dedica a la crianza de gallinas que las vende cuando tiene algún apuro económico.

Su sueño es que su hija siga estudiando hasta que logre su titulo profesional.

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
  • 12
    View loans »
    Ecuador Loans Fundraising
  • $22,544,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Maluay De Curiquingue (Cuenca) Group's $2,550 loan helped a member operating capital for their respective businesses.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 19, 2009
Listed
Jan 19, 2010
Currency Exchange Loss:
N/A
Ended:
Jul 15, 2010