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Parque Del Niño (Cuenca) Group
In this Group: Nancy Ines, Jhulissa Monserrate, María Fernanda*, Sonia Elizabeth, Mercedes Monserrate, Jorge Luis*, Karina Esperanza, Norma María , Angel Humberto, Denisse Betzabe, Karina Yasmin, Karen Stefania*, Cruz Mercedes, Diolanda María, María Georgina
* not pictured
The Parque del Niño loan group meets every fortnight in the area known as Parque del Niño in the city of Portoviejo, capital of the Manabi province, which has been known for many years as the City of Royal Tamarindos. The all-female group members know each other very well after five cycles together. They work in different fields (trade, sales, production and services).

We speak to Julissa, 37, who is married with four children aged 17, 16, 14 and 9. The eldest ones go to secondary school and the youngest girl goes to primary school. Her husband is a truck driver.

She works in trading, selling Yanbal and Lebel beauty products and perfumes. She also sells Leonisa underwear. She works every day from 3pm to 7pm because in the morning she looks after the house and her children. She sells the underwear via catalogue and receives the goods from a distributor in the city centre. She sells on credit and is paid weekly. She says she has a large customer base that places orders with her.

She is going to use the loan to buy more goods so as to increase sales. Products on special offer and underwear are especially well received by her customers. This is her first loan and she likes the ease of obtaining credit. Her dream is to own a well-stocked shop or store.
View original language description ↓
En el sector conocido como el Parque Del Niño en la ciudad de Portoviejo, capital manabita, conocida desde hace muchos años como la ciudad de los Reales Tamarindos, cada 15 días se reúne el Banco Comunal Parque Del Niño. Este es un grupo de señoras que se conocen muy bien ya que este es su quinto ciclo juntas. Ellas se dedican a diferentes actividades tales como, (comercio, ventas, producción y servicios).

Aquí conversamos con la señora Julissa, tiene 37 años de edad, está casada y fruto de esta relación tiene cuatro hijos de 17 – 16 – 14 y 9 años de edad, los mayores estudian en colegio y la menor en escuela. Su marido es chofer de una volqueta.

Se dedica al comercio, vende productos de Yanbal y Lebel (productos de belleza y perfumería). Además vende prendas interiores de la marca Leonisa. Trabaja todos los días desde las 15h00 hasta las 19h00, ya que en las mañanas se dedica a atender su hogar y a sus hijos. La ropa intima es también de catalogo y recibe este producto en una distribuidora en el centro de la ciudad, deja sus productos a crédito y cobra semanalmente, nos cuenta que tiene muchos clientes que le realizan sus pedidos.

Este crédito lo va a emplear para comprar más mercadería para aumentar sus ventas. En especial los productos de oferta y las prendas íntimas que tienen mucha acogida entre sus clientas. Este es su quinto crédito y le ha gustado por la facilidad para obtener los créditos. Su sueño es tener una boutique o un bazar bien surtido.


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
  • 15
    View loans »
    Ecuador Loans Fundraising
  • $22,607,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Parque Del Niño (Cuenca) Group's $4,800 loan helped a member buy underwear and cosmetics.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 12, 2010
Listed
Nov 2, 2010
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2011