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Vida Plena (Cuenca) Group
In this Group: Eva Casilda, María Herminia, Digna Angeles, María Del Rosio, Fanny Mercedes, Sybella Verónica, Carmen Esperanza, Martha Angelita , Rosa Amelia, Carmen Luisa, Luis Antonio*, Martha Tereza, María Piedad, Anabel Nathaly
* not pictured
The "Vida Plena" [full life] Communal Bank is made up of 13 women and one man, who sell natural products, and have thereby improved their household incomes. They live in different places in the city of C., which is known for its beautiful landscapes, its four flowing rivers, its great gastronomic variety, its people, and its culture.

Mrs. Martha P. lives in the Uncovia area of C.. This is her first loan and she was invited by her mother-in-law. She is 18 years old, lives with her common-law husband, and has a 3-month-old daughter. Her husband works as a security guard. They don't have their own house, so she lives with her in-laws.

Our associate, for the moment, is caring for her daughter, but with her loan she is going to start selling natural products such as Omnilife products. Her goal is to improve her situation with her business.

Mrs. Carmen Pérez lives by the station at the top of the mountain. She is 38 years old, single, and has a 14 year old son who is studying at a school in the city. She does not have her own house, so she lives with her parents and shares the household expenses.

This is her first loan through the communal bank. She was invited by her sister to be part of this group. She raises animals such as sheep, hens, and guinea pigs. She also owns dairy cows, and the milk is sold to mobile milk distributors. She is going to invest her first loan in starting a business selling natural products such as Omnilife products. Her dream is to have her own house.

NOTE: Also pictured in the photo is Mr Eulogio Rojas, who is the Fundación coordinator in the Azuay region.
View original language description ↓
El banco Comunal Vida Plena esta conformado por 13 mujeres y un hombre, quienes se dedican a un trabajo especifico que es la venta de productos naturales, con este trabajo han logrado mejorar la economía de sus hogares, viven en diferentes lugares de la ciudad de C., esta ciudad es conocida por sus bellos paisajes, por sus cuatro ríos que la bañan, su gran variedad de gastronomía, su gente y su cultura.

La Señora Martha P. vive por el sector de Uncovia en la ciudad de C., este es su primer crédito y ha sido invitada por su suegra. Tiene 18 año, vive en unión libre y tiene un hija de 3 meses de edad, su esposo labora como guardia de seguridad, no tienen casa propia por lo que vive en casa de sus suegros.
Nuestra socia por el momento se encuentra al cuidado de su hija, pero va a iniciar con su crédito la venta de productos naturales como son los productos de Omnilife. su meta es salir adelante con su negocio.

La Señora. Carmen Pérez vive por la estación de cumbe, tiene 38 años, es soltera y tiene un hijo de 14 años de edad que esta estudiando en un colegio de la ciudad, no tiene casa propia por lo que vive con sus padres y comparte los gastos del hogar.
Este es su primer crédito que realiza en la banca comunal, fue invitada por su hermana a formar parte de este grupo. Se dedica a la cría de animales como borregos, gallinas, cuyes, también posee ganado de leche es vendida a los carros distribuidores de leche, su primer crédito lo va a invertir en iniciar el negocio de la venta de productos naturales como son los productos de Omnilife. Su sueño es tener su casa propia.

NOTA: En la foto se encuentra el Sr. Eulogio Rojas que es el coordinador de la Fundación en la regional Azuay.

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
  • 104
    View loans »
    Ecuador Loans Fundraising
  • $24,223,100
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Vida Plena (Cuenca) Group's $4,200 loan helped a member purchase Omnilife products.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 29, 2010
Listed
Nov 26, 2010
Currency Exchange Loss:
N/A
Ended:
Jun 15, 2011