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Haciendo Un Mundo Mejor (Cuenca) Group
In this Group: Sandra Veronica, Yohana Elizabeth, Maria Aurora, Elisa Alejandrina, Mariana De Jesus, Maria Julia, Maria Magdalena, Alcira Soledad, Rosa Eloisa, Carmen Celestina, Miriam Marlene, Maria Lucrecia, Blanca Elvira
The communal bank known as 'Making a Better World' is made up of 13 women that seek to improve the future of their families with their daily work. They are dedicated to several business with an end in common; that of improving the economy of their families. They live in different areas of the city of Cuenca, a city that is recognized for its architectural beauty. Its historic center was declared a world heritage by Unesco in the year 1999.

Señora Carmen Merchán lives in the Turi parish of the community of Santa Anita. This is her first loan that she has requested from the communcal bank. She was invited by a friend who is an associate. She is dedicated to raising chickens and pigs, selling her animals in the markets of the city. To improve the economy of her home, she began working an a preschool 7 months ago, laboring from Monday to Friday from 8 to.m. to the 4 p.m. Our associate is 26 years old. She is married and has 4 children ages 8, 6, 4 and 2 years. Her two first children study in a school of the city. Her husband is dedicated to construction since he is a bricklayer. With their combined work they have managed to build their own house. Now with her first loan she is going to invest it in the purchase of chickens and food for them. Her goal is to have drinking water in her house and she also desires to grow her business.

Señora María Q. lives in the Turi parish of the community of Santa Anita. She is 53 years of age, married and has 10 children of which 5 are married and live independently, 4 are single and work to help economically in her home and her last daughter enters school this year. Her husband works in the area of construction as a bricklayer. Thanks to their combined work they have managed to have their own house. Our associate is dedicated to the raising of animals such as: chickens, pigs and cows that give milk which she both consumes and sells. She is also dedicated to agriculture, sowing vegetables like lettuce and carrots and selling her product in the markets of the city. This is her first loan and she is going to invest it in the purchase of food for her pigs and also she desires to buy a sow. Her goal is to grow her business.
View original language description ↓
El Banco comunal Haciendo un mundo Mejor esta formado por 13 mujeres que con el trabajo diario buscan mejorar el porvenir de sus familias, se dedican a varias labores con un fin en común, el de mejorar la economía de sus familias. Viven por distintos lugares de la ciudad de Cuenca, ciudad que es reconocida por su belleza arquitectónica, su centro histórico fue declarado Patrimonio de la Humanidad por la Unesco en el año 1999.

La Señora Carmen Merchán vive por la parroquia de Turi comunidad Santa Anita, es su primer crédito que realiza en la banca comunal, fue invitada por una amiga quien es socia; se dedica a la cría de pollos y chanchos vendiendo sus animales en las ferias de la ciudad, para mejorar mas la economía de su hogar hace 7 meses ha empezado a trabajar en una guardería, laborando de lunes a viernes de 8 a.m. hasta las 4 p.m.
Nuestra socia tiene 26 años, es casada y tiene 4 hijos de 8, 6, 4 y 2 años de edad, sus dos primeros hijos estudian en una escuela de la ciudad, su esposo se dedica a la construcción ya que es albañil, con el trabajo conyugal han logrado construir su casa propia.
Ahora con su primer crédito lo va a invertir en la compra de pollos y su alimento. Su meta es tener agua potable en su casa y también desea crecer en su negocio.

La Señora María Q. vive por la parroquia de Turi comunidad Santa Anita, tiene 53 años de edad, es casada y tiene 10 hijos de los cuales 5 son casados y viven de manera independiente, 4 son solteros que trabajan y le ayudan económicamente en su hogar y su última hija este año ingresa al colegio, su esposo trabaja en la área de la construcción como albañil, gracias al trabajo en conjunto han logrado tener su casa propia.
Nuestra socia se dedica a la cría de animales como: pollos, chanchos y vacas que le dan leche que consume y vende, también se dedica a la agricultura sembrando hortalizas como: lechugas, zanahorias vendiendo su producto en las ferias de la ciudad.
Es su primer crédito y lo va a invertir en la compra de alimento para sus chanchos y también desea hacer una chanchera, su meta es crecer en su negocio.

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

  • $10,600
    Average annual income
  • 53
    View loans »
    Ecuador Loans Fundraising
  • $24,295,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Haciendo Un Mundo Mejor (Cuenca) Group's $4,675 loan helped a member to buy chickens, pigs and feed.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 9, 2010
Listed
Jul 25, 2010
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2011