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Yanaturo Alto  ( Cuenca ) Group
In this Group: Blanca Celestina, Zoila Targelia, Zoila Targelia, Cecilia Del Rocio, Jessica Janina, Maria Jose, Virginia Francisca, Rosario, Sylvia Dayana, Maria Soledad, Maria Angeles, Maria Mercedes, Rosa Elvira, Esperanza Del Pilar
The Yanaturo community bank is made up of 14 hardworking women who strive day to day to improve their economic situation. They live in Yanaturo, which is known for its beautiful scenery and where a large number of residents make a living weaving straw hats. A large portion of the population also seek opportunities in the city.

Rosario C. is a partner in the Yanaturo community bank, is 59, widowed 18 years ago, and has 5 children that are all married and live independently. Thanks to her work and effort she has been able to build a small home of her own. She has made a living raising chickens for the past 2 years as well as helping customers in the store she has had for 15 years. She works all day and in her off time she cultivates her own lands, which is for her own consumption. This is her first loan; she was invited by a friend and member of the community bank. Her loan will be invested in purchasing chickens as well as getting a medical check-up. Her goal is to keep growing her store business.

Maria B. has been in the community bank for 4 loan cycles; she was invited by a friend. She raises chickens, which she sells plucked or alive according to her customers' orders. She started the business with the first loan she took out. She is 22 years old and lives with her partner, which whom she has an 8-month-old daughter. Her husband works for a company that installs water and gas lines. They do not own their own home; they rent. She plans to use this loan to buy more chickens. Her goal is to own her own home.
View original language description ↓
El Banco comunal Yanaturo Alto está formado por 14 mujeres luchadoras que día a día con su trabajo buscan mejorar su económica, viven en la comunidad de Yanaturo que se caracteriza por sus bellos paisajes; gran parte de su gente se dedica a la elaboración de sombreros de paja toquilla, mucha de su población busca en la ciudad la oportunidad de un mejor trabajo.

La Señora Rosario C. es socia del banco comunal Yanaturo, tiene 59 años de edad, es viuda hace 18 años y tiene 5 hijos los cuales todos son casados y viven independientemente con sus familias, gracias a su trabajo y esfuerzo ha logrado construir su casa propia aunque es una pequeña casita. Nuestra socia se dedica a la cría de pollos hace 2 años y también atiende en su tienda, la misma que tiene 15 años, labora todo el día y en sus tiempos libres trabaja en la agricultura cultivando su propio terreno,la producción es para el consumo de su hogar. Es su primer crédito, fue invitada por una amiga que pertenece a la banco comunal, su crédito va a invertir en la compra de pollos y también para realizarse un chequeo médico. Su meta es seguir creciendo en su tienda.

La Señora María B. se encuentra el la banco comunal hace 4 ciclos, fue invitada por una amiga. Se dedica a la cría de pollos, los mismos que los vende pelados o vivos según como le pidan sus clientes, inicio este negocio con el primer crédito que realizo. Nuestra socia tiene 22 años de edad, vive en unión libre y fruto de su unión tiene una hija de un año ocho meses, su esposo trabaja en una empresa que realizan instalaciones de agua y gas, no tiene casa propia por lo que vive arrendando. Su nuevo crédito lo va a invertir en la compra de pollos. Su meta es llegar a tener 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
  • 98
    View loans »
    Ecuador Loans Fundraising
  • $23,946,025
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Yanaturo Alto ( Cuenca ) Group's $4,300 loan helped a member purchase chickens/ medical checkup.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 25, 2010
Listed
Jul 19, 2010
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2011