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Trinidad (Cuenca) Group
In this Group: Rosa Amelia, Maria Carmen, Ana Lucia, Zoila Carmen, Maria Transito, Maria Dolores, Rosa Maria*, Ana Lucia, Zoila Cecilia, Maria Presentacion
* not pictured
The Trinidad communal bank is made up of 10 members who struggle daily to improve their economic situation so that they can provide a better future to their children. They live in different communities within the Turi Parish, which is known for being the balcony of Cuenca. Its people farm and raise livestock. Much of the population has migrated in search of a better future for their families.

Ms. María Carmen lives in the Asunción community, within the Turi Parish, and is in her fourth loan cycle. She became part of the communal bank, thanks to a friend who invited her. Our associate is a homemaker who also raises animals, such as: sheep, hogs, and steer; which she sells in the city’s livestock fairs.

María Carmen is 33 years old, married, and has four children, ages 16, 14, 12, and 10. Her three oldest attend high school and the youngest attends elementary school. Her husband works as a mason and by working together they were able to build their house. She will use the money from this loan to buy school supplies for her children. Her goal is to continue to grow her livestock business.

Ms. Ana Lucia Merchán lives in the Hierba Buena community, within the Turi Parish. She is 30 years old, married and has two children, ages 5 and 3. Her husband works as a mason. She does not have her own home because they live with her in-laws.

Our associate works for the CDI (Centro de Desarrollo Infantil) [Child Development Center], where she teaches and cares for the youngest children. She’s been doing this for four years and works M-F from 8:00 AM to 4:00 PM. She also raises Guinea pigs, chickens, and hogs; which she sells within the community. She is one of the founding members of the communal bank. The loans that she’s received previously have helped her home and business and she will use the money from this loan to buy livestock. Her goal is to find a better job.
View original language description ↓
El banco comunal Trinidad está formado por 10 socias quienes luchan día a día para mejorar la situación económica de sus hogares y así brindar un mejor futuro a sus hijos, viven en diferentes comunidades de la parroquia Turi la misma que es reconocida por se el mirador del la ciudad de Cuenca, su gente se dedica a la cría de animales y a la agricultura, mucha de su población ha migrado para ofrecer a sus familias un mejor futuro.

La Señora. María Carmen vive en la comunidad de Asunción que pertenece a la parroquia de Turi, se encuentra en su cuarto ciclo realizando los créditos, ha ingresado al banco comunal gracias a una amiga de su comunidad quien la invito. Nuestra socia se dedica a los quehaceres de su hogar y también cría animales como: borregos, chanchos, terneros los mismos que los vende en las ferias de ganado que existen en la ciudad.
La Señora. María Carmen tiene 33 años, es casada y tiene 4 hijos de 16, 14, 12 y 10 años de edad, sus tres primeros hijos estudian en el colegio y solo su última hija se encuentra en la escuela, su esposo es albañil y con el trabajo conyugal han logrado construir su casa propia. Su crédito lo va a invertir en la compra de útiles escolares para sus hijos. Su meta es seguir creciendo en el negocio de venta de animales.

La Señora Ana Lucia Merchán vive en la comunidad de Hierba Buena que es perteneciente a la parroquia de Turi, tiene 30 años, es casada y tiene 2 hijos de 5 y 3 años de edad, su esposo es albañil, no tiene casa propia por lo que vive en casa de sus suegros.
Nuestra socia trabaja en un CDI (Centro de Desarrollo Infantil) donde enseña y cuida a los niños mas pequeños, realiza esta labor hace 4 años y trabaja de lunes a viernes de 8 a.m. hasta las 4 p.m., también se dedica a la cría de cuyes, pollos y chanchos los mismos que los vende en su comunidad. Es una socia fundadora del banco comunal, los créditos entregados anteriormente le han beneficiado en su hogar y negocio, su nuevo crédito lo va a invertir en la compra de ganado. Su meta es llegar a conseguir un mejor trabajo.

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
  • 94
    View loans »
    Ecuador Loans Fundraising
  • $24,193,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Trinidad (Cuenca) Group's $3,150 loan helped a member schoold supplies / Livestock.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 16, 2010
Listed
Aug 6, 2010
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2011