Check out some available loans that are similar to this one!
Mujeres Solidarias (Cuenca) Group
In this Group: María Flora, María Carmen Adelaida, María Del Carmen, María Laura, Bertha Genoveva, Rosa Aurora, Rosa Margarita, Elsa Lucrecia, María Angelita*, María Nieves, Rosa Gerardina*, Andrea De Los Angeles
* not pictured
Mujeres Solidarias (Solidarity Women or Supportive Women) is one of many community banks formed in the city of Cuenca, in the neighborhood of Chican, in the canton of Paute, in the south central region of the country. This canton is known because of the Paute Hydroelectric Power Plant which is the biggest in the country, and also because of their handicrafts production.

Maria del Carmen is 23 years old and married; from the fruit of her union she conceived two children; one child is 5 years old and is in first grade; the other child is just two months old; her husband does stucco work (ceilings). They do not own a house and they live with her mother. She raises animals such us sheep, chickens and cattle which she sells in her neighborhood; she also buys vegetables to resell in the market of Paute; she has her own stall and only sells on Sundays; she has been doing this since she was 13 years old.

This is her third loan from Fundación Espoir; the loans have benefited her to grow her business and to join the “bankito” (little bank), thanks to an invitation from her Mother. With the new loan, she will buy chicks to grow, feed, vitamins and some vegetables such as carrots, beets, radishes, chard, etc. Her goal is to build her own house.

Mrs. Berta V. is 56 years old and she is has been separated from her spouse for four years because he mistreated her and caused her much suffering. In her marriage, she conceived four children of ages 33, 30, 26, and 22. Her first son is married and lives independently; the second one is out of the country so she lives with the third child, her daughter (who is single), and the youngest child who is 22. She shared with us that she is very proud to her own house from her life-long hard work.

Mrs. Berta has been a member of the community bank Mujeres Solidarias for one year; the loan she received was invested in her chicken business; she grows and sells sheep, chickens and guinea pigs; she sells the animals in her community when she needs money. With the new loan, she will buy more chicks to grow, feed, and vitamins to continue her business; her goal is to finish building her house.
View original language description ↓
Mujeres Solidarias es uno de los tantos bancos comunales formados en la ciudad de Cuenca en la comunidad de Chican en el cantón Paute en la región centro sur del país, este cantón es reconocido por la presencia de la Hidroeléctrica Paute la más grande del país y por su producción artesanal.

María del Carmen tiene veinte y tres años de edad, se encuentra casada y fruto de su unión concibió dos hijos quienes se encuentran de cinco años y estudia en primer año de educación básica, el otro tiene apenas dos meses de nacido, su esposo trabaja en la elaboración de estucos (cielos rasos), no tienen casa propia por lo que viven en casa de su madre. Ella se dedica a la cría de animales como borregos, pollos, ganado que los vende en su comunidad, también compra hortalizas para revender en el mercado de Paute, tiene un puesto propio y vende solo los días domingos, esta actividad lo realiza desde sus trece años de edad.

Se encuentra en su tercer ciclo en la Fundación Espoir, los préstamos le han beneficiado para el crecimiento de su negocio, ingreso al bankito gracias a su mamá quien la invito, con el nuevo crédito va a comprar crías de pollos, alimento y vitaminas y algunas verduras como zanahoria, remolacha, rábano, acelga, etc.

Su meta es llegar a construir su casa propia.

La señora Berta V. tiene cincuenta y seis años de edad, separada de su cónyuge hace cuatro años porque la maltrataba mucho y le ocasionaba muchos sufrimientos, en su unión conyugal procreo cuatro hijos que se encuentran de 33, 30, 26, 22, su primer hijo es casado y vive independiente, el segundo se encuentra fuera del país, por lo que vive con su tercera hija que es madre soltera y con su último hijo de 22 años. Nos comenta que se siente muy orgullosa de tener su casa propia esfuerzo de toda su vida.

Es socia del Banco Comunal Mujeres Solidarias hace un año y el credito obtenido lo invirtió en su negocio de pollos ya que ella se dedica a la cría y venta de borregos, pollos y cuyes que luego son vendidos en su comunidad cuando tiene algún apuro económico, con el nuevo crédito va a adquirir más crías de pollos, alimento y vitaminas para así seguir con su negocio, su meta es de llegar a terminar su casa.

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
  • 13
    View loans »
    Ecuador Loans Fundraising
  • $22,842,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Mujeres Solidarias (Cuenca) Group's $4,075 loan helped a member buy chicks to grow, feed, vitamins, and vegetables for her stall at the market.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 10, 2010
Listed
Mar 31, 2010
Currency Exchange Loss:
N/A
Ended:
Oct 15, 2010