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Futuro De Vida (Cuenca) Group
In this Group: Rosa Angela, María Concepción, Sandra Elizabeth, Diana Elizabeth, Livia Natividad, Maria Benedicta, Silvia Yolanda Del Rocio, Laura Victoria
The “Futuro de Vida” (Future of Life) Communal Bank is a group formed by eight women. They struggle day to day to help their families. With their daily work they are, little by little, accomplishing that. They hope that with the loans they will grow more in their businesses.

They live in the city of Cuenca; which is known for its beautiful architecture, the four rivers that surround it, the historical center that was named “Patrimonio Cultural de la Humanidad” (Cultural Heritage of Humanity), its cuisine, and the warmth and friendliness of its people.

Laura Victoria M. lives in the Miraflores sector of the city of Cuenca. This is her first cycle. Her Goddaughter was the one who invited her to be part of this group of women who struggle day to day for their families.

She is 50 years old, married, and has four children. The children are 21, 20, 19, and 13 years old. Her first child is married and lives independently. Her last three children go to a school in their city. Her husband works in a carpentry shop. With the couples’ work they have managed to build their own house.

She has her own vending stand, and she works there from 9 a.m. until 6 p.m. from Monday through Sunday without taking even one day off. She will use the loan to buy clothes to stock her merchandise a bit more. Her goal is to make her stand bigger and to stock her business more.

Silvia Yolanda L. lives in a beautiful sector of the city of Paraíso. She is 43 years old, married, and has two children. Her children are 25 and 22 years old, and they are married and live independently. Her husband is a carpenter. Through his activity and her work they have managed to have their own house.

Silvia Yolanda has had her store for six months. She works there from 6 a.m. until 9 p.m. from Sunday to Sunday. This is her first loan. She was invited by a friend. The loan is to buy supplies to stock her store. Her goal is to grow in her business.
View original language description ↓
El banco comunal Futuro de Vida se encuentra formado por un grupo de 8 mujeres, quienes luchan día a día para ayudar a sus familias y con su trabajo diario lo están logrando poco a poco, ellas esperan con los créditos crecer más en sus negocios, viven en la ciudad de Cuenca, ciudad que es reconocida por los 4 ríos que la bañan, su centro histórico fue nombrado Patrimonio Cultural de la Humanidad, su gastronomía y por su gente que es muy amable y cordial.

La Señora. Laura Victoria M. vive por el sector de Miraflores en la ciudad de Cuenca, es su primer ciclo y su ahijada fue quien la invitó a formar parte de este grupo de mujeres quienes luchan día a día por sus familias. Tiene 50 años, es casada y tiene 4 hijos de 21, 20, 19 y 13 años de edad, su primer hijo es casado y vive de manera independiente y sus tres últimos hijos estudian en un colegio de la ciudad, su esposo trabaja en su taller de carpintería y con el trabajo conyugal han logrado construir su casa propia.
Nuestra socia se dedica a la venta de todo tipo de ropa en un mercado de la cuidad, cuenta con un puesto propio en el cual labora de 9 a.m. hasta las 6 p.m., trabaja de lunes a domingo sin descansar un solo día. Su crédito lo va a invertir en la compra de ropa para surtir un poco más su mercadería,su meta es agrandar su puesto de ventas y surtir más su negocio.

La Señora Silvia Yolanda L. vive por un hermoso sector de la ciudad como es el Paraíso. Tiene 43 años, es casada y tiene 2 hijos de 25 y 22 años de edad los cuales son casados y viven de manera independiente, su esposo es carpintero,con esta activida y con el trabajo de nuestra socia han logrado tener su casa propia. Doña Silvia Yolanda hace 6 meses tiene su tienda propia en donde labora de 6 a.m. hasta las 9 p.m. de domingo a domingo. Es su primer crédito y fue invitada por una amiga, su crédito lo va a invertir en la compra de víveres para surtir su tienda. 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

  • $10,200
    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 Futuro De Vida (Cuenca) Group's $1,775 loan helped a member buy pants, blouses, t-shirts/rice, sugar, oil, and eggs, etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 22, 2010
Listed
Aug 8, 2010
Currency Exchange Loss:
N/A
Ended:
Dec 21, 2010