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Libertad En Progreso (Cuenca) Group
In this Group: Carmen Lucia, María Esperanza, Lorena Del Carmen, María Carmen, María Alicia, Balvina, María Natavidad, María Isabel, Claudia Femina, María Evangelina , Dolores Mercedes, Miriam Catalina, María Imelda, Mercedes Dolores, María Rosario, Asunción Transito
The 'Libertad en Progreso' community bank has 16 female members who are from Zhizho community which is in La Victoria del Portete parish. The plains of this parish were the site of the famous battle of 27th February 1829 which ended in victory for General Antonio José de Sucre's army. The people of the area raise animals and farm. The members of the community bank carry out a number of different business activities which enable them to improve their household finances. The bank's members are very kind, friendly, happy people who work hard every day in their tasks, always with a smile.

Mrs Miriam Q. lives in Zhizho community which is in Victoria del Portete parish. This is the second loan she has had from her community bank. She was invited to take part in this group by her cousin. She has very good friends who, during every meeting, step out of their routines with their jokes and the happiness which they radiate.

Miriam has been making handicrafts for 10 years. She makes embroideries which is something she learned from her mom who works in the same activity. She works at home from 8 in the morning until 6 in the evening, from Monday to Saturday. She makes her items to order.

Miriam is very young. She is 22 years old and the single mother of a 2 year-old boy. She lives in her parents' home which they own. She helps as much as she can with the household finances. Her mom works making embroideries and her father is a construction worker.

She will invest her loan in buying chickens since she started out in this activity and is very optimistic that it will go very well. Her goal is to have her own embroidery workshop.

Mrs María T. lives in Zhizho community. She is 29 years old and married. She has 2 children aged 10 and 4. Her eldest daughter studies in a local school. Her husband is a construction worker. They don't have their own home so they live looking after a building where they are given accommodation.

María has a small eatery. She has been working in this business for 4 years. She works from 7 in the morning until 6 in the evening from Monday to Saturday and she already has customers. She also raises guinea pigs and rabbits which are mostly for her family's consumption.

This is the fifth loan which María has had from her community bank and all her loans have allowed her to buy supplies for preparing her dishes. Her new loan will be invested in buying crockery and more supplies. Her dream is to have a restaurant.
View original language description ↓
El banco comunal Liberad en Progreso se encuentra formado por 16 señoras quienes son de la comunidad Zhizho que pertenece a la parroquia de La Victoria del Portete, en las pampas de esta parroquia se libró la famosa Batalla del 27 de febrero de 1.829 que culminó con el triunfo del ejército del Gral. Antonio José de Sucre. Su gente se dedica a la cría de animales y a la agricultura, nuestras socias se dedican a varias actividades las que les permite mejorar la economía de sus hogares, son personas muy amables, cordiales, alegres y luchan día a día en sus trabajos siempre con una sonrisa.

La Señora Miriam Q. vive en la comunidad de Zhizho que pertenece a la parroquia de la Victoria del Portete, es el segundo crédito que realiza en el banco comunal, fue invitada por su prima a formar parte de este grupo, tiene muy buenas amigas quienes en cada reunión salen de sus rutinas con sus bromas y alegría que irradian.

Nuestra socia se dedica hace 10 años a la artesanía, realizar bordados que aprendió de su mamá quien labora en esta actividad, trabaja en su casa desde las 8 de la mañana hasta las 6 de la tarde y de lunes a sábados, sus obras las realiza bajo pedido.
Doña Miriam es muy joven, tiene 22 años y es madre soltera de un niño de 2 años de edad, vive en casa de sus padres la que es propia, ayuda en lo que puede a la economía del hogar, su mamá se dedica al bordado y su padre es albañil.

El dinero de su crédito lo va a invertir en la compra de pollos ya que va a iniciar con esta actividad y se encuentra muy optimista que le va a ir muy bien. Su meta es tener su propio taller de bordados.

La Señora María T. vive en la comunidad de Zhizho, tiene 29 años, es casada y tiene 2 hijos de 10 y 4 años de edad, su primera hija estudia en una escuela de la ciudad, su esposo es albañil, no tienen casa propia por lo que viven cuidando una construcción en donde les dan la vivienda.

La Señora. María se dedica a laborar en un comedor que es de su propiedad, actividad que le viene desempeñando hace 4 años, labora desde las 7 de la mañana hasta las 6 de la tarde y de lunes a sábados y ya cuenta con algunos comensales, también se dedica a la cría de cuyes y conejos los que son mas para el consumo de su hogar.

Se encuentra en el quinto crédito que realiza en el banco comunal y todos los créditos le han beneficiado para la compra para víveres para realizar sus platos. Su nuevo crédito lo va a invertir en la compra de vajillas y más víveres. Su sueño es tener un restaurante.

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
  • 51
    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 Libertad En Progreso (Cuenca) Group's $4,750 loan helped a member to buy chickens / crockery and supplies.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 8, 2010
Listed
Dec 1, 2010
Currency Exchange Loss:
N/A
Ended:
Jun 15, 2011