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Maluay De Curiquinga (Cuenca) Group
In this Group: María Sandra *, María Eulalia, Narcisa Jesús, Rosa Ubaldina, Janneth María, María Consolacion, Irene Miriam, Carmen Isabel, Patricia Piedad, María Teresa, María Elvira, Rosa Aurora
* not pictured
The Maluay de Curiquinga communal bank is made up of 12 women who live in the community of the same name. It’s part of the Valle parish, which has a cold climate. Farming and raising livestock are its people’s traditional occupations. Most of the population goes out in the mornings, to work in the city of Cuenca, to work various trades, and returns in the evening. Our associates work different trades, but with the same goal; to get their families ahead and offer them a better future.

Carmen Isabel C. lives in the Conchan del Milagro community, which is a part of the Valle parish. This will be her third loan through the foundation. The prior ones have helped her small business. She is a seamstress who learned this trade five years ago when one of her friends taught her. She now works out of a small workshop in her home, alongside her husband who also works in this trade. They do all sorts of sewing and repairs. They don’t have a regular schedule, but they work Monday through Saturday. Sunday is a family day. Carmen is very young, barely 23. She is married and has two children, one is two years old and the other is four months old. They don’t have a house of their own yet, so they live in a house that her mother loaned them. She will use the money from this loan to invest in a new sewing machine that they need. Her goal is to complete her collage education, now that she has completed five [out of six] years of study.

Rosa Aurora Q. lives in the Maluay de Curiquinga community, which is a part of the Valle parish. She is 49 years old, is married and has 10 children. Her three oldest are married and on their own. Her single children are 27, 17, 15, 13, 11, 10, and 5. Her 27 year old daughter and her 13 year old son work in the home and help with the chores. Her 17 and 15 year old sons work and help with the household finances. Her three youngest attend the local school. Her husband stays home, now that he is of old age. They were able to have their house built by working together.

Rosa works the trade that her parents gave her; farming. She works her own land, where she grows corn, potatoes, etc. Some of her harvest is for her own consumption and some she sells. She also raises hogs and Guinea pigs, which she sells to people in her community. This will be her second loan from the communal bank and she is happy about the loans that she has benefited from in her home. She will use the money from this loan to buy a cow. She wants to continue to stay in good health.
View original language description ↓

El banco comunal Maluay de Curiquinga se encuentra formado por 12 mujeres que viven el la comunidad del mismo nombre que es perteneciente a la parroquia del Valle, esta parroquia es de clima frió, la agricultura y la ganadería son las actividades tradicionales de su gente. La mayor parte de la población sale por las mañanas a trabajar en la ciudad de Cuenca y retorna por las tardes; Ocupándose en diferentes actividades económicas. Nuestras socias trabajan en diferentes actividades pero todas con un mismo fin que es salir adelante con sus familias y ofrecerles un mejor futuro.

La Señora. Carmen Isabel C. vive en la comunidad de Conchan del Milagro que es perteneciente a la parroquia del Valle. Este es el tercer crédito que realiza en la fundación, los mismos que le han beneficiado en su pequeño negocio. Es de profesión costurera aprendió esta actividad hace 5 años y fue una amiga quien le ha enseñado esta actividad, ahora labora en su casa en su pequeño taller junto a su esposo que ejerce la misma profesión, realizan todo tipo de costuras y arreglos, no tienen horario de trabajo y laboran de lunes a sábado, dedicándose el día domingo a la familia.
Doña Carmen es muy joven con apenas 23 años, es casada y tiene 2 hijos, uno de 2 años y otro de 4 meses, no tienen casa propia por lo que viven en una casa que su mamá les ha prestado. El dinero de su crédito lo va a invertir en la compra de una nueva maquina de coser que les hace falta. Su meta es terminar sus estudios del colegio ya que llego a cursar hasta el quinto año.

La Señora Rosa Aurora Q. vive en la comunidad de Maluay de Curiquinga, que perteneciente a la parroquia del Valle. Nuestra socia tiene 49 años, es casada y tiene 10 hijos, sus tres primeros hijos son casados y viven independientemente, sus hijos solteros tienen 27, 17, 15, 13, 11, 10 y 5 años de edad, su hija de 27 y su hijo de 13 años pasan en la casa ayudando a los quehaceres, sus hijos de 17 y 15 años trabajan y ayudan a la economía del hogar y sus tres últimos hijos estudian en una escuelita de la localidad, su esposo pasa en la casa ya que es de avanzada edad, con el trabajo conyugal ha logrado construir su casa propia.
La Señora Rosa se dedica al trabajo que le han inculcado sus padres que es la agricultura, labra sus propias tierras en donde siembra maíz, papas, etc., que es para su consumo y algo vende, también se dedica a la cría de chanchos y cuyes a los que los vende en su propia comunidad. Este es el segundo crédito que realiza en la banca comunal y está muy contenta ya que los créditos le están beneficiando en su hogar, el nuevo crédito lo va a invertir en la compra de una vaca. Su sueño es seguir conservando la salud.

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
  • 50
    View loans »
    Ecuador Loans Fundraising
  • $24,308,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Maluay De Curiquinga (Cuenca) Group's $3,525 loan helped a member sewing machine / Cow.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 23, 2010
Listed
Aug 28, 2010
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2011