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Cumbe (Cuenca) Group
In this Group: Laura Azucena, Nancy Faviola, Rosa Elvira, Maria Mercedes, Maria Teresa De Jesus, Sandra Lorena, Maria Rosa Florinda, Diana Pilar, Maria Lucrecia, Gloria Isabel, Maria Luzmila, Maria Targelia
The Cumbe communal bank has 12 tenacious members who are determined to get ahead with their families. They live in Cumbe parish that is 24 kilometers south of the city of Cuenca. This parish has homes that are a mix of European, American and typical of the area construction styles. The latter have adobe walls and columns with wood windows and doors and floors of brick and wood; the structures are wood covered with traditional tile work giving the area a singular look blending several cultures. Cumbe also offers the visitor special recreational areas like El Calvario lookout which is a five minute drive or a 15 minute walk from the parish center, El Gulash which is between Cumbe and Jima, Pucará, a sacred archaeological site of the Cañaris people, the Cumbe river banks and the Ingahuasi ruins on the slope of Tinajillas Mountain.

María Lucrecia León, 62, is married and has four children who are married and live independently; her husband works in construction and thanks to his efforts at work when he was young they managed to build their home which they share with two grandchildren who keep them company.

María Lucrecia sells pigs and chickens in her community; she also cares for a cow whose milk she sells keeping some for personal home consumption.

She has been a member of the communal bank for four years and she has invested all her previous loans in her business. She will use the new funds to buy more pigs and chickens to increase her animal nursery.

Her goal is to continue growing in her business.

Like the other group members, Rosa G. lives in Cumbe. She became a member a cycle ago thanks to her sister-in-law who encouraged her to join. She has raised pigs and chickens for sale for 24 years and it was thanks to her sister-in-law that she went into this kind of business. On Tuesdays, Wednesdays and Thursdays she sells the animals and on weekends she tends to an eatery she owns from 8am until 3:30pm. She will use the new loan to buy more pigs and chickens to enlarge her business. Her goal is to expand her eatery by adding a second story onto it.

Rosa, 47, is married and has three children who are 26, 24 and 12 years of age. Her oldest is employed and uses his salary just for his own expenses. Her second daughter helps out in the eatery and the youngest is still in school. Her husband is a cattleman and his efforts have made it possible for him to build their house.
View original language description ↓
El Banco Comunal Cumbe está conformado por un grupo de 12 señoras luchadoras y dispuestas a salir adelante junto a sus familias, viven en la parroquia Cumbe que se encuentra a 24 kilómetros al sur de la ciudad de Cuenca, esta parroquia presentan viviendas mezcla de europeo, americano y las típicas de la región con paredes de adobe, columnas, pilastras, puertas y ventanas de madera, pisos de ladrillo y madera, con estructura de madera y revestimiento de teja tradicional formando un singular paisaje mezcla de culturas. Cumbe también ofrece al visitante lugares muy especiales para la recreación como el mirador El Calvario a 5 minutos en auto y 15 caminando del centro parroquial, el Gulash entre Santa Rosa, Cumbe y Jima, Pucará de la Geografía Sagrada de los Cañaris, las orillas del río Cumbe y las ruinas de Ingahuasi en el ascenso a Tinajillas.

María Lucrecia León es una mujer casada, tiene 62 años de edad y tiene cuatro hijos que ya son casados y viven de manera independiente, su esposo trabaja en la rama de la construcción y gracias al esfuerzo del trabajo en su juventud han logrado construir su casa compartiendo con dos nietos que le hacen compañía.

María Lucrecia se dedica a la venta de animales como chanchos y gallinas que los vende en su comunidad, también cuida de una vaca y la leche que obtiene la vende y un poco es para el consumo de su hogar. Es socia de éste banco comunal hace cuatro años y todos los créditos anteriores ha invertido en su negocio, con su nuevo préstamo comprará más chanchos y gallinas para incrementar su criadero de animales.

Su meta es seguir creciendo en su negocio.

Al igual que las otras socias del banco comunal la señora Rosa G. vive en la comunidad del mismo nombre de su banco del que formó parte hace un ciclo incentivada por su cuñada, ella se dedica a la compra y venta de chanchos y gallinas labor que realiza hace 24 años y fue gracias a su cuñada que ingreso a esta actividad, los días martes, miércoles y jueves son los días que se dedica a la venta de los animales y los fines de semana vende en una picantería de su propiedad en la cual labora desde las 8 a.m. hasta las 3:30 p.m. con su nuevo crédito va a comprar más chanchos y gallinas para incrementar su negocio y su meta es aumentar su picantería y hacerle de dos pisos.

Rosa tiene 47 años de edad, se encuentra casada y fruto de su unión ha concebido 3 hijos que se encuentran de 26, 24, 12 su primer hijo trabaja y su sueldo es solo para sus gastos, su segunda hija le ayuda en la picantería y su último hijo estudia en la escuela de la localidad, su esposo se dedica al cuidado de su ganado, con el esfuerzo de su trabajo han logrado construir su casa propia.

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
  • 67
    View loans »
    Ecuador Loans Fundraising
  • $23,510,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Cumbe (Cuenca) Group's $4,200 loan helped a member to buy more pigs and chickens.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 16, 2010
Listed
May 12, 2010
Currency Exchange Loss:
N/A
Ended:
Aug 15, 2010