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Futuro Para Un Bienestar (Cuenca) Group
In this Group: María Consepcion, María Beatriz, María Narcisa, Blanca Elena, Tanya Anabella, Dolores Del Rocio, Luisa Magdalena, Norman Hernan, María Carmita, María Clara , Liz Isabel
The Future for Welfare Community Bank consists of 10 women and 1 man, who are very happy. Working in different activities, they struggle everyday to improve the economy of their homes. They live in different parts of the city of Cuenca, known for its beautiful historic center, the same that was designated in December 1999 as Cultural Heritage of Humankind.
Mrs. Luisa C. lives on El Tablón en Monay district. This is her first loan and she was invited by a neighbor. She owns a bakery for about a year now, where she works 7 days a week. She learned to make bread by taking a bakery course; even before owning her bakery, Luisa already worked as a baker.
Mrs. Luisa is 37 years old, married and has 3 children, 16, 14 and 11 years old. Her first two daughters attend high school and her youngest daughter attends school. Her husband helps at the bakery and together they have managed to build their own house.
The loan is going to be used to purchase flour, butter and other ingredients for Luisa’s bakery. Her goal is to become a professional baker and leave the country to work in this area.
Mrs. María Y. lives in the district of San José de Balzay, in the city of Cuenca. She is 30 years old, married and has 4 children. Her 3 oldest children attend a school in the city. Her husband works at a workshop, doing bodyworks. They don’t have house of their own, so they live in a relative’s house.
Mrs. María works at a diner for a year, which she owns. She works from Monday to Saturday, from 9 am to 8 pm.
This is the first loan she does in the Community Bank; she was invited by a friend. This loan is going to be used in the purchase of tables and chairs. Her biggest dream is to have her own house.
View original language description ↓
El banco Comunal Futuro para un Bienestar está formado por 10 señoras y 1 señor, quienes son muy alegres y que con sus diferentes actividades laborales luchan día a día para mejorar la economía de su hogar, viven en diferentes partes de la ciudad de Cuenca, esta ciudad se caracteriza por su hermoso centro histórico, el mismo que fue nombrado en diciembre de 1999 como Patrimonio Cultural de la Humanidad.

La Señora Luisa C. vive por el sector de El Tablón en Monay, este es su primer crédito y fue invitada por una vecina. Se dedica a trabajar en una panadería que es de su propiedad hace un año, el local es de su propiedad, trabaja de domingo a domingo sin un horario fijo. Aprendió a realizar el pan siguiendo un curso de panadería y también antes de poseer su negocio trabajaba realizando esta actividad.
Doña Luisa tiene 37 años, es casada y tiene 3 hijos de 16, 14 y 11 años, sus dos primeras hijas estudian en el colegio y su última hija en la escuela, su esposo la ayuda en la panadería y juntos han logrado construir su casa propia.
El crédito lo va ha invertir en la compra de harina, mantequilla y mas materia prima para su panadería. Su meta es ser una profecional y salir del pais para trabajar en esta area.

La Señora María Y. vive por el sector San José de Balzay de la ciudad de Cuenca, tiene 30 años, es casada y tiene 4 hijos, sus 3 primeros hijos estudian en una escuela de la ciudad, su esposo trabaja en un taller en donde fabrican carrocerías, no tienen casa propia por lo que viven en la casa de un familiar.
Doña María labora en un comedor, actividad que la realiza desde hace un año, cuenta con un local propio y trabaja de lunes a sábado desde las 9 de la mañana hasta las 8 de la noche.
Este es el primer crédito que realiza en el banco comunal y fue invitada por una amiga, este crédito lo va a invertir en la compra de mesas y sillas. Su gran sueño es tener su casa propia.

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
  • 66
    View loans »
    Ecuador Loans Fundraising
  • $23,510,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Futuro Para Un Bienestar (Cuenca) Group's $3,700 loan helped a member buy flour, butter, eggs, etc/Buy tables and chairs.
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:
May 15, 2011