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Don Bosco(Cuenca) Group
In this Group: Maria De Lourdes, Susana Del Carmen, Veronica Fernanda, Carmen Del Rocio, Mayra Anani, Jessica Guillermina, Maria Augusta, Carmen Narcisa, Flor Maria
The communal bank Don Bosco is made up of a group of enterprising women who are looking out for their families' wellbeing. They live in the city of Cuenca which Ecuadorians consider the most beautiful city in the coutry. One of its attractions is the beautiful artisan crafts that are found throughout the city, from embroidered blouses, wool sweaters, gold and sliver plated filigree jewelry to weavings. Cuenca also has a tradition of producing ceramic items, artisan crafts and fresh produce that can be found in the market on Thursdays or in the (smaller) market on Saturdays. One industry leader in Cuenca and its surrounding towns is the production of toquilla straw hats.

María de Lourdes G. lives in the city of Cuenca. She is a very cheerful member who radiates a lot of charisma, is in her second cycle and is one of the founders of this little bank. She is very eager to grow her businesses.

She is a 30 year old woman and she has been separated from her husband for 5 months. Her marriage produced four children aged 11,8,7, and 4. Her three oldest children are studying in the local elementary school and since they don't own their own home they are renting.

María took up the business of selling Yanbal products again 4 years ago. She has sold these products since she was 18 years old. She also works Thursdays, Fridays, and Saturdays in a a beauty salon. She learned this skill on her own. With the new loan, she will purchase creams, treatments, makeup, perfume, and costume jewelry from Yanbal.

Her dream is to have her own beauty salon.

Verónica García is 29 years old ans she is another active member of this bank. She lives in the city of Cuenca with her four children aged 11,7,6, and 4 in a little rented house. Her three oldest children are in an elementary school in the city and the youngest stays with her. She tells us that she does not receive any help from the childrens' father and so she must get them ahead on her own.

Verónica has been selling catalog clothing for a year and she also promotes various products in the stores and supermarkets in the city when acquaintances call her to do this work. She has been doing this activity for 10 years.

This is her first loan with her communal bank and she is very hopeful to get ahead with her children. With her loan she will purchase pants, sweatsuits, blouses, jackets and more clothing to continue progressing in her business.

Her dream is to have her own home.
View original language description ↓
El banco comunal Don Bosco esta formado por un grupo de mujeres emprendedoras que buscan el bienestar para sus familias, viven en la ciudad de Cuenca que los ecuatorianos la consideran la ciudad más bella del país, uno de los atractivos son las hermosas artesanías que se encuentran por toda la ciudad desde blusas bordadas, suéteres de lana, joyería de filigrana bañada en oro y plata y tejidos. Cuenca igualmente tiene una tradición en artículos de cerámica, artesanías y productos frescos pueden ser hallados de venta en la feria de los jueves o en el mercado (más pequeño) los sábados. Una industria líder en Cuenca y sus alrededores es la de la confección de sombreros de paja toquilla.

María de Lourdes G. vive en la urbe de la ciudad de Cuenca, es una socia muy alegre que irradia mucho carisma se encuentra en su segundo ciclo y es una de las fundadoras de este bankito y se encuentra con muchas ganas de crecer en sus negocios.

Es una mujer de 30 años de edad, se encuentra separada hace 5 meses de su esposo, en su unión conyugal concibió cuatro hijos que se encuentran de 11, 8, 7, 4 años, sus tres primeros hijos cursan los estudios primarios en la escuela de la localidad y como no tienen casa propia vive arrendando.

María ha retomado su negocio de venta de productos Yanbal hace 4 años ya que vendía estos productos desde que tenía 18 años, también trabaja los días jueves, viernes y sábado en un gabinete de belleza arte que aprendió sola, con su nuevo credito va a comprar cremas, tratamientos, maquillajes, perfumes y bisutería de productos Yanbal.

Su sueño es llegar a tener su propio gabinete de belleza.

Verónica García tiene 29 años y es otra de las socias activas de éste banco, vive en la urbe de la ciudad de Cuenca con sus cuatro niños de 11, 7, 6, 4 años en una casita arrendada, sus tres primeros hijos estudian en una escuela de la ciudad y el más pequeño pasa con ella, nos comenta que no recibe ningún tipo de ayuda del padre de sus hijos por lo que sola debe sacarlos adelante.

Verónica vende ropa catalogo hace un año y también se dedica a impulsar varios productos en los almacenes y supermercados de la ciudad cuando sus conocidos la llaman para que realice este trabajo ya que lleva 10 años en ésta actividad.

Este es su primer crédito con su banco comunal y está muy esperanzada en salir adelante junto con sus hijos, con su préstamo comprará pantalones, calentadores, blusas, sacos y mas ropa para seguir progresando en su negocio.

Su sueño es llegar a tener una 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
  • 43
    View loans »
    Ecuador Loans Fundraising
  • $23,142,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Don Bosco(Cuenca) Group's $2,875 loan helped a member to purchase creams, treatments, makeup, perfume and costume jewelry from Yanbal as well as pants, sweatsuits, blouses, jackets, etc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 20, 2010
Listed
May 13, 2010
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2010