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Mujeres En Progreso (Cuenca) Group
In this Group: María Esperanza, María José, Mayra Priscila*, María Guadalupe, Elsa Beatriz, Carmen Gerardina, Gloria Alexandra, Mariana De Jesús, María José, Blanca Elena , Mayra Alexandra, Sonia Soledad
* not pictured
The Mujeres en Progreso communal bank consists of 12 women who live in different parts of the city of Cuenca. The city is known for its architectural beauty, its four rivers that run through the city, and its people, who preserve its culture and traditions. Our members are women who are always smiling in spite of their hardships, and with their work they fight each day to bring a better life to their families.

Miss María Méndez lives in the Totoracocha section of Cuenca. This is her second loan with the communal bank. She was invited to join by her cousin, and since then she has become very good friends with all the members. She is studying at the university, and right now she is doing an internship in order to obtain her degree. Also, in her free time, for the past two and a half years she has sold Avon cosmetics to her university classmates. María is 24 years old and is single, but she has a one-and-a-half-year old daughter. She lives with her parents. Her mother is a merchant and her father is outside the country, having migrated in search of better work opportunities. The money from her new loan will go toward the cost of her studies. Her goal is to specialize in surgery.

Mrs. Carmen Álvarez lives in the parish of Santa Ana. She is 49 years old and married with 4 children, who are 29, 25, 22, and 9 years old. Her two oldest children are married and live independently. Her third child, a daughter, is a student at the university, and her youngest, a son, is at school. Her husband works as a private guard. With their shared work and mutual effort they have been able to build their own house.

For nine years, Carmen has been a custodian at a school, where they give her a house to live in away from her own home. She works all day there and has time to raise pigs. She has been a member of the communal bank for two years, and the loans have helped her to buy feed for the animals. This new loan will go toward the purchase of feed and also to buy materials to finish her house. Her goal is to have a car.
View original language description ↓
El banco comunal Mujeres en Progreso está formado por 12 mujeres que viven en diferentes lugares de la ciudad de Cuenca, esta ciudad es conocida por la belleza arquitectónica, sus cuatro ríos que bañan la ciudad, su gente que conservan su cultura y tradiciones. Nuestras socias son mujeres que siempre tienen una sonrisa en sus labios a pesar de sus adversidades, con su trabajo diario luchan cada día para entregarles un mejor bienestar a sus familias.

La Señorita. María Méndez vive por el sector de Totoracocha en la ciudad de Cuenca, es el segundo crédito que realiza en la banca comunal, fue invitada por su prima y en este tiempo ha llegado a tener una muy buena amistad con todas las socias. Nuestra socia está estudiando en la universidad, en los actuales momentos está realizando el internado para obtener su titulo. También en sus tiempos libres se dedica a la venta de cosméticos Avon, vende a sus compañeras en la universidad y realiza esta actividad hace dos años y medio.
La Señorita. María tiene 24 años, es soltera pero tiene una hija de un año y medio, vive con sus padres. Su mamá es comerciante y su padre se encuentra fuera del país, ha migrando en busca de mejores oportunidades de trabajo. El dinero de su nuevo crédito lo va a invertir en los gastos de sus estudios. Su meta es especializarse en cirugías.

La Señora. Carmen Álvarez vive en la parroquia de Santa Ana, tiene 49 años, es casada y tiene 4 hijo de 29, 25, 22 y 9 años de edad, sus dos primeros hijos son casados y viven independientes, su tercera hija estudia en la universidad y su último hijo estudia en la escuela. Su esposo labora como guardia privado, con el trabajo conyugal y esfuerzo mutuo han logrado construir su casa propia.
Doña Carmen es conserje hace nueve años en una escuela, lugar en el cual le dan una casa para que viva aparte de su casa propia, trabaja todo el día allí y se da tiempo para dedicarse a la cría de chanchos. Es socia de la banca comunal hace dos años y los créditos le han servido para el alimento de sus animales, este nuevo crédito lo va a invertir en la compra de alimento y también para comprar materiales para realizar los acabados de su casa. Su meta es tener un vehiculo.

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
  • $24,295,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Mujeres En Progreso (Cuenca) Group's $4,200 loan helped a member to pay for schooling / To buy animal feed and to finish construction work.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 27, 2010
Listed
Nov 26, 2010
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2011