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Pauteñitas (Cuenca) Group
In this Group: Maria Jesus, Gloria Ines, Maria Transito, Rosa Martha, Jessica Eva, Angel Vicente*, Juan Bautista
* not pictured
The Pauteñitas Communal Bank is composed of a group of working men and women who struggle daily to improve their businesses and thus, increase their incomes for their households. They live in Paute canton, where the largest hydroelectric facility in the country is located. The climate is hot and the majority of the population engages in flower-raising and cultivating various fruits, including apples, pears, etc.

Jessica lives in the community of Uchupud, located in Paute canton. This is her 1st loan with the Foundation and she was invited by all her friends who belong to this communal bank. Jessica sells food in the Paute market. She began 3 months ago, working Sunday through Sunday, from 8:00am until 4:00pm. She has also cared for a farm for 2 years, where she is given a house to live in.

Jessica is 33 years old, lives with a partner, and has 2 daughters, aged 16 and 14, who study in a local school. Her husband is a construction assistant. They don't have their own house. Her loan will be invested in purchasing foodstuff for her business to continue growing, and this is her principal goal.

Rosa lives in the community of La Virginia in Paute canton. She is 45 years old, single, and has a 19 year old son who studies in a rural 'school by satellite' and works in agriculture. She too lacks her own home and lives in her parents' house.

Rosa takes care of the house and raises animals, including guinea pigs, pigs, and chickens, and also works in agriculture. She has a business selling vegetables in the Paute market but only on Sundays. This is her 3rd loan with the Foundation, and she will invest it in her vegetable business. Her dream is to finally have her own house.
View original language description ↓
El banco comunal Pauteñitas esta formado por un grupo de hombres y mujeres trabajadores, quienes luchan día a día para mejorar sus negocios y así mejorar sus ingresos para sus hogares, viven por el cantón Paute, allí está construida la hidroeléctrica mas grande el país, es de clima cálido, la mayor parte de su población se dedica a la floricultura y al cultivo de varias frutas como manzanas, peras etc.

La Señora Jessica Eva Rodríguez vive en la comunidad de Uchupud que pertenece al cantón Paute; este es el primer crédito que realiza en la fundación y fue invitada por todos sus amigos que pertenecen a este banco comunal. Se dedica a la venta de comida en el mercado de Paute, se inicio en este negocio hace 3 meses, trabaja de domingo a domingo desde las 8 a.m. hasta las 4 p.m., también cuida una hacienda hace 2 años en donde le dan una casa para vivir.
Doña Jessica tiene 33 años, vive en unión libre y tiene 2 hijas de 16 y 14 años de edad que estudian en un colegio de la localidad, su esposo trabaja como ayudante de la construcción, no tienen casa propia. Su crédito lo va a invertir en la compra de víveres para su negocio para seguir creciendo ya que esta su meta principal.

La Señora Rosa Martha C. vive en la comunidad de La Virginia que pertenece al cantón Paute, tiene 45 años, es soltera pero tiene un hijo de 19 años de edad que estudia en un colegio a distancia y trabaja en la agricultura, no tiene casa propia por lo que vive en casa de sus padres.
La Señora Rosa se dedica a los quehaceres de su hogar y cría animales como: cuyes, chanchos y pollos, también trabaja en la agricultura. Tiene un negocio de venta de verduras en el mercado de paute, ha este negocio se dedica solo los días Domingos.Este en el tercer crédito que realiza en la fundación, el mismo que lo va a invertir en su negocio de venta de verduras. Su sueño es el llegar a tener una 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

  • $10,600
    Average annual income
  • 51
    View loans »
    Ecuador Loans Fundraising
  • $24,303,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Pauteñitas (Cuenca) Group's $2,550 loan helped a member bUYING MEAT, FISH, RICE, COOKING OIL, PRODUCE AND VEGETABLES TO SELL.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 10, 2010
Listed
Aug 23, 2010
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2011