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Mujeres De Chilcato Tora Group
In this Group: Teresa Elvira, Celia Margarita, Gloria Enperatriz, Sandra Lorena, Libia Lourdes, Carmen Amelia, Carmen Rocío, Maria Angelita, Ruth Melania, Rosita Lucia, Luz Amable
The members of the Communal Bank "Mujeres de Chilcato Tora" [Women of Chilcato Tora] are enterprising and hard-working despite the daily inconveniences they face. They are always looking for a way to work through these issues and get ahead along with their families. This bank is located in the city of Cuenca, in a community called Chilcato Tora, hence the bank's name. This area is characterized by beautiful Andean landscapes with native vegetation. The people who live there work in agriculture and cattle raising.

Gloria got married young, and now at age 20 she has a three-year-old son. Her husband works patching walls. They don't have their own house and so they live with her husband's mother although they are financially independent.

Gloria works raising animals such as pigs, chickens, and cows, both for sale and for her own family's use. The milk produced by her cows is only for the family's use, and she sells her animals to the people in her community in order to be able to cover any unexpected expenses.

Gloria is a happy young woman and she enjoys a friendly relationship with all of the other members of her communal bank. She has been working with the bank for two loan cycles. With this loan she wants to buy chickens, and vitamins and feed to raise and sell them. Her greatest dream is to be able to build her own house.

Carmen C. is 60 years old and was widowed 29 years ago when her husband was hit by a car. She also lost one child of the seven that she carried. Her three oldest children are married and the other three, who are single, live with her in the house she owns. They help her out in paying the household expenses.

Carmen also works raising chickens, pigs and cows. She either sells the milk she gets from her cows to a delivery truck or uses it at home. She sells her animals in the neighboring community. She has told us that she's been doing this hard work for eleven years and that she learned it from her parents. Her work has helped to allow her children to get ahead in life.

Carmen is in her second loan cycle and with this loan she will buy chickens and feed in order to continue with her work. Her goal is to build a warehouse in order to expand her chicken raising operation.
View original language description ↓
Las integrantes del banco comunal Mujeres de Chilcato Tora son damas emprendedoras, trabajadoras que a pesar de los inconvenientes encontrados en el día a día buscan la manera de surfear estos inconvenientes y salir adelante junto a sus familias, este banco se localiza en la ciudad de Cuenca en la comunidad Chilcato Tora de ahí el nombre de su banco comunal, este sector se caracteriza por tener unos hermosos paisajes andinos llenos de vegetación propia de la zona, su gente se dedica a la agricultura y ganadería.

Gloria se casó muy joven a sus 20 años ya tiene un niño de tres años, su esposo trabaja como empastador de paredes, no tiene casa propia por lo que vive en casa de su mamá de manera independiente.

Nuestra socia se dedica a criar animales como chanchos, gallinas, vacas, tanto para la venta como para el consumo en su casa, la leche que producen sus vacas si es exclusivo para el consumo de su familia y los animales los vende a sus vecinos de la comunidad para solventar algún apuro económico.

Gloria es una joven muy alegre y tiene una muy buena amistad con todas sus compañeras de su banco comunal del que forma parte desde hace dos ciclos, con el crédito solicitado va a comprar pollos, vitaminas y alimento para criarlos y venderlos. Tiene como máximo sueño construir su casa propia.

Carmen C. tiene 60 años enviudó hace 29 años porque un auto atropello a su esposo, además perdió un hijo de los siete que concibió, sus tres hijos mayores son casados y sólo vive en su casa propia con sus otros tres hijos que aun son solteros y le ayudan económicamente con los gastos del hogar.

Carmen se dedica a la cría de pollos, chanchos, vacas, la leche de sus vacas a veces entrega al carro lechero o lo deja para el consumo de su hogar, sus animales son vendidos en la comunidad, nos comenta que lleva once años en esta difícil labor que aprendió de sus padres y gracias a ello ha logrado sacar adelante a sus hijos.

Nuestra socia se encuentra en su segundo ciclo y con el préstamo que realiza va a comprar pollos y alimento para seguir con su negocio. Su meta es llegar a construir un galpón para incrementar su criadero de pollos.

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
  • 16
    View loans »
    Ecuador Loans Fundraising
  • $22,607,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Mujeres De Chilcato Tora Group's $3,700 loan helped a member to buy chickens, vitamins and feed.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 26, 2010
Listed
Mar 20, 2010
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2010