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Cristo Del Consuelo(Cuenca) Group
In this Group: Olga Tarcila, Blanca Norma, Elvia Marlene, Maria Alegria, Rosa Hermelinda, Maria Del Auxilio, Gladys Doraliza, Maria Cristina, Maria Blanca
Cristo del Consuelo is made up of nine members constantly searching for ways to get ahead and be able to give their families a better future. They live in the Cristo del Consuelo section of the city of Cuenca, their communal bank’s namesake. This area is characterized by its many cabanas where people toast with “canelazo” (an orangeade flavored with cinnamon and a bit of liquor). There is also a large variety of grilled meats.

Rosa is 35 years old. She is married and has five children, ages 18, 16, 14, 12, and 2. Her three oldest children work in a carpentry shop and they help support their parents. Her 12 year old son attends school in the city. Her husband works construction as a mason. Thanks to their joint effort, they have managed to have a home built.

Rosa has been selling vegetables for the past 12 years. She began doing this in order to improve their financial status. She works from 4:00 am to 11:00 am, seven days a week and has her own stall in the “Feria Libre” market in Cuenca. This is her second loan through the communal bank. She had been invited into the group by a friend and will use the money from this loan to invest in carrots, beets, lettuce, chard, tomatoes, onions, etc, in order to continue to prosper in her business. Her greatest dream is for her children to finish their schooling and find a good career, so that they can have a bright future.

Eliva is one of the youngest members and she has good friendships with the other members. This will be her second loan. She also sells vegetables and she began doing this out of need to help her family. She works from 7:00 am to 5:00 pm, seven days a week and will use the money from this loan to buy more onions, tomatoes, chard, lettuce, beets, and other vegetables in order to grow her business.

Elvia is 20 years old. She is single and lives with her mother because her father passed away 10 years ago. She helps out with the household and food expenses and wants to complete the bachelors degree that she began, but had to stop out of economic necessity.
View original language description ↓
El bankito Cristo del Consuelo esta conformado por 9 socias luchadoras que buscan en el día a día la manera de seguir progresando en cada una de sus actividades y así entregarles un mejor futuro a sus familias, viven en la ciudad de Cuenca en el sector Cristo del Consuelo de ahí el nombre de su banco comunal, este sector se caracteriza por sus cabañas en donde se brinda el rico canelazo (agua de naranjilla con canela y un poco de licor), también hay una gran variedad de carnes asadas, en la cual se demuestra la rica gastronomía de la ciudad

La señora Rosa Arévalo tiene 35 años de edad, se encuentra casada y en su unión conyugal ha concebido 5 hijos que se encuentran de 18, 16, 14, 12 y 2, sus tres primeros hijos trabajan en una carpintería y son quienes ayudan un poco económicamente y su hijo de 12 años estudia en una escuela de la ciudad, su esposo de dedica al trabajo en la construcción como es la albañilería, gracias al sacrificio conyugal han logrado construir su casa propia.

Rosa se dedica al comercio de verduras actividad que la realiza hace 12 años, y se decidió por esta actividad para mejorar la economía de su hogar, labora de domingo a domingo desde las 4 a.m. hasta las 11 a.m., cuenta con un puesto propio en el mercado de la feria libre (Cuenca), éste es su segundo crédito con su banco comunal y fue invitada por una amiga que pertenece al bankito, su nuevo crédito lo va a invertir en la compra zanahoria, remolacha, lechuga, acelga, tomate, cebolla, etc. para seguir prosperando en su negocio, su gran sueño es que sus hijos estudien y tengan una buena profesión para que se superen en la vida.

Elvia P. es una de las socias más jóvenes de éste banco, tiene una muy buen a mistad con todas las compañera del bankito y se encuentra en su segundo crédito, ella se dedica al comercio de verduras motivada a realizar este trabajo por la necesidad de salir adelante con su familia, labora de domingo a domingo desde las 7 a.m. a 5 p.m.
Su nuevo crédito invertirá en la compra de más cebolla, tomate, acelga, lechuga, remolacha y otras verduras para incrementar su negocio.

Elvia tiene 20 años es soltera vive sólo con su madre porque su padre falleció hace diez años a causa de la bebida ayudando con los gastos de arriendo y comida en su casa. Su meta es terminar sus estudios de bachillerato ya que los ha abandonado estando en el cuarto curso por la necesidad económica.

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
  • $22,545,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Cristo Del Consuelo(Cuenca) Group's $2,200 loan helped a member vegetables for sale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 21, 2010
Listed
Jun 1, 2010
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2010