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Fuerza Del Mañana (Cuenca) Group
In this Group: Carmita Beatriz, Ana María, Angelica Isabel, Emilia Narcisa, María Mercedes, Karina Elizabeth, Luz Noemi, Rosa Emperatriz, Rosa Alegria, Piedad Ecelia
The communal bank Fuerza del Mañana is made up of 10 members who are friends. They work in different activities with a common purpose which is to improve their finances and thus get ahead with their families. They live in different parishes that belong to the city of Cuenca, where the main activity is agriculture and raising animals.

Mrs. Piedad U. lives in the community of Susudel which belongs to the Oña canton. She is 53 years old and has been divorced for 28 years. She has 4 grown children who are married and live on their own. She is proud that thanks to her hard work she owns her own house.

Piedad works in a restaurant that she owns. She works there from 5 in the morning preparing the food and works until 9 at night when she finishes selling her products. She also raises animals such as guinea pigs and pigs that she sells in her own community. This is the first loan that she has taken out with this community bank since previously she was an active member of another community bank for a year and a half. She will invest her loan in buying groceries such as a a 100 pound sack of rice, sugar, and other products to make her dishes.

Her goal is to learn to drive to be able to get around more easily.

Mrs. Carmita C. lives in the community of Misicata, which belongs to the Baños parish. This is her first loan. She was invited by a friend who encouraged her to join this beautiful group of women. She has sold Yanbal products for 4 years and she only sells in her free time. She also is a farmer; she plants vegetables and she has customers whom she delivers her products to and she sells what's left over in the free market. She has been doing this for 15 years.

Carmita is 38 years old. She is married and has 4 children, aged 20, 18, 13 y 11. Her two oldest children work and their wages are for personal expenses. Her third child goes to high school and the youngest is in the last grade of elementary school. Her husband is a driver and he works driving his own bus. Thanks to the couple's work, they own their own home. She is going to invest her loan in purchasing Yanbal cosmetics, such as perfumes, creams, etc. as well seeds for her crops.

Her goal is to buy herself a vehicle to transport her vehicles more easily.
View original language description ↓
El banco comunal Fuerza del Mañana está formado por 10 socias amigas que laboran en diferentes actividades con un fin común que es mejorar sus economías y así salir adelante junto a sus familias. Viven por diferentes parroquias que pertenecen a la ciudad de Cuenca, en donde su mayor actividad es la agricultura y cría de animales.

La Señora Piedad U. vive en la comunidad de Susudel que pertenece al cantón de Oña, tiene 53 años, es divorciada hace 28 años, tiene 4 hijos mayores de edad que son casados y viven independientemente. Esta orgullosa que gracias su esfuerzo y trabajo tiene su casa propia.
Doña Piedad se dedica a trabajar en un comedor que es de su propiedad, en el cual labora desde las 5 de la mañana en la preparación de sus platos y trabaja hasta las 9 de la noche cuando termina de vender sus productos, también se dedica a la cría de animales como cuyes y cerdos que los vende en su propia comunidad. Este es el primer crédito que realiza en este banco comunal ya anteriormente ha sido socia de otro banco comunal en el cual fue miembro activo un año y medio. Su crédito lo va a invertir en la compra de víveres como un quintal de arroz, azúcar y más productos para la elaboración de sus platos.

Su meta es aprender a conducir para poder trasladarse con más facilidad a su hogar.

La Señora Carmita C. vive en la comunidad de Misicata que pertenece a la parroquia de Baños. Este es su primer crédito, fue invitada por una amiga quien le ha incentivado a que forme parte de este hermoso grupo de mujeres. Se dedica a la venta de productos Yanbal hace 4 años y vende solo en sus tiempos libres. También se dedica a la agricultura, siembra verduras y ya cuenta con clientes a los cuales les entrega sus productos y el sobrante lo vende en el mercado de la feria libre, esta actividad la realiza hace 15 años.
Doña Carmita tiene 38 años, es casada y tiene 4 hijos de 20, 18, 13 y 11 años de edad, sus dos primeros hijos trabajan y su sueldo es para sus gastos personales, su tercer hijo estudia en el colegio y su ultimo hijo estudia el último grado de la escuela. Su esposo es chofer y labora conduciendo su propio bus, gracias al trabajo conyugal cuentan con su casa propia. Su crédito lo va a invertir en la compra de cosméticos como perfumes, cremas etc., de la marca Yanbal y también en semillas para sus cultivos.

Su meta es comprarse un vehiculo para llevar sus verduras y vender con mas facilidad.

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
  • 11
    View loans »
    Ecuador Loans Fundraising
  • $22,541,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Fuerza Del Mañana (Cuenca) Group's $3,200 loan helped a member to buy a 100 pound sack of rice, sugar and groceries; cosmetics, creams, perfumes; seeds.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 23, 2010
Listed
Oct 2, 2010
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2011