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Libertad En Progreso  ( Cuenca ) Group
In this Group: Carmen Lucia, Maria Esperanza, Lorena Del Carmen, Maria Carmen, Maria Carmen, Balbina , Luz Melinda, Maria Natividad, Maria Alicia, Claudia Femina, Dolores Mercedes, Miriam Catalina, Mercedes Dolores, Maria Rosario, Asuncion Transito
The members of the Libertad en Progreso community bank are hard-working women who are looking to grow their businesses so that they provide their families with a better future. They live in the community of Zhizho in the parish of Victoria del Portete, an agricultural region of Ecuador.

Sra. Dolores Quituisaca lives in Zhizho. Her niece invited her to join this outstanding group of women and this is her first loan. Sra. Dolores works as an embroiderer. A friend taught her to embroider and she has now worked at it for twenty years. She also raises livestock: pigs, sheep, cuyes (a kind of guinea pig) and milk cows. Farming is another business, the output largely consumed by the family.

Sra. Dolores, 66, is married and has seven children who are 23, 22, 19, 17, 14, 7 and 3 years old. Her oldest daughter is a single mother and helps her with the embroidery business. Her second daughter is married and independent, Her next two children, boys, work and help with the family's expenses. The two youngest children study at a local school. Sra. Dolores owns her small house which she and her husband built. The loan that she's applying to Espoir for will be invested in buying chickens for a business that she hopes will increase the family's income. Her goal is earn enough to buy a vehicle.

Sra. Carmen G. also lives in Zhizho. She is 47 years old, single and lives with her father and sister. Her father owns their house and she helps with household expenses. Sra. Carmen is one of the founding members of the community bank and this is her fourth loan. She operates a business raising and selling livestock: pigs, chickens, milk cows. Past loans have helped her to build her business and she will invest this loan in buying animal feed. Her goals are to have clean water and to build a house of her own.
View original language description ↓
El banco comunal Libertad en Progreso esta formado por un grupo de mujeres luchadoras, buscan su superación y crecimiento de sus negocios para entregarles a sus familias un mejor porvenir, viven en la comunidad de Zhizho que pertenece a la parroquia Victoria del Portete que es muy reconocida por su produccion ganadera y agrícola.

La Señora Dolores Quituisaca vive en la comunidad de Zhizho perteneciente a la parroquia de C., se encuentra en su primer crédito y es su sobrina la que le había invitado a formar parte de este gran grupo de mujeres. Nuestra socia se dedica al bordado, una amiga fue quien la enseñado a bordar y ahora tiene su propio negocio hace veinte años; también se dedica a la cría de animales como: chanchos, ovejas, cuyes y vacas vendiendo su leche, la agricultura es otra de sus ocupaciones y los productos son mas para el consumo familiar.

La señora Dolores tiene sesenta y seis años de edad, es casada, tiene siete hijos que se encuentran de 23, 22, 19, 17, 14, 7 y 3 años de edad, su primera hija es madre soltera y trabaja en junto con ella en los bordados, su segunda hija es casada y vive de forma independiente, su tercer y cuarto hijo trabaja y ayudan económicamente al hogar sus dos hijos pequeños estudian en la escuela de la comunidad, vive en su casita propia la misma que han construido con el esfuerzo conyugal. El crédito que realiza en la fundación Espoir lo va a invertir en la compra de pollos ya que va a comenzar con este negocio para obtener más recursos para su hogar, su meta es de llegar a tener un vehiculo.

La Señora Carmen G. vive en la comunidad de Zhizho perteneciente a la parroquia de la Victoria del Portete, tiene 47 años de edad, es soltera y vive con su papá y hermana, ayuda en los gastos del hogar, su padre tiene casa propia.

Nuestra socia se encuentra en su cuarto ciclo y es una de las socia fundadoras del banco comunal, se dedica a la cría de animales como: chanchos, pollos, vacas vendiendo la leche en la comunidad, los créditos le han beneficiado para crecer en el negocio, con su nuevo crédito que realiza lo va a invertir en la compra de alimento para sus animales, su meta es tener agua potable y lograr 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
  • 31
    View loans »
    Ecuador Loans Fundraising
  • $23,087,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Libertad En Progreso ( Cuenca ) Group's $4,950 loan helped a member farming and livestock production.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 4, 2010
Listed
Jul 1, 2010
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2011