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Futuro De Vida (Cuenca) Group
In this Group: Rosa Angela, María Concepción, Sandra Elizabeth, Diana Elizabeth*, Livia Natividad, María Juana *, María De Lourdes, María Benedicta, Silvia Yolanda Del Rocio, Nancy Lorena, Laura Victoria
* not pictured
The Futuro de Vida (Life’s Future) communal bank has 11 female members that are in various activities designed to improve the economies of their homes and to get ahead in life thus providing a good example for their children. They live in various parts of Cuenca, a city known for the four rivers that bathe it, the architecture of its churches, its gastronomy and its residents who are characteristically kind and cordial.

Mrs. María G., 28, lives in Cuenca. She’s married and has a 6-month-old son. Her husband is employed in an aluminum and glass workshop. María is employed as a Secretary at an aluminum and glass workshop. She works from Monday through Friday from 8am until 6pm. At night she works from home selling fast food from Monday through Sunday. She sells hamburgers, hotdogs and fried potatoes.

This is the first loan she’s taken in the communal bank; she was invited to join by a girl friend. The funds will be used to buy ingredients to prepare her products. Her goal is to grow and get ahead with her business.

Mrs. Rosa I. lives in the Empresa Eléctrica neighborhood. This is her second loan with the communal bank. She likes it because she can be with her friends and get out of her usual routine. She works at a home where senior citizens are cared for doing domestic chores. She works whenever she’s needed and has been doing this for five years.

Rosa is 29 years old and a single mother of six children who are 14, 13, 9, 7, and 2 years old and a baby who is a few months old. Her oldest two children go to high school in the city, her third and fourth children are in school. She does not own her house; she rents.

She will use the loan to start a business raising pigs. Her goal is to be a good mother to her children and to give them everything she can so that they will do well.
View original language description ↓
El banco comunal Futuro de Vida está formado por 11 mujeres que realizan diferentes actividades para ayudar en la economía de sus hogares y poder salir adelante, y asi dan el ejemplo a sus hijos. Viven por diferentes lugares de la ciudad de Cuenca, esta ciudad es conocida por sus cuatro ríos que la bañan, la arquitectura de sus iglesias, su gastronomía y su gente que se caracteriza por ser cordial y amable.

La Señora María G. vive en la ciudad de Cuenca, tiene 28 años, es casada y tiene un niño de 6 meses de edad, su esposo labora en un talle de aluminio y vidrio.
Doña María labora como secretaria de en un taller de aluminio y vidrio, trabaja de lunes a viernes de 8 de la mañana hasta las 6 de la tarde y por la noche en su casa se dedica a la venta de comida rápida, trabaja de lunes a domingo, vende hamburguesas hot dog y papas fritas.
Es el primer crédito que realiza en el banco comunal y fue invitada por una amiga. El dinero de su crédito va a utilizar en comprar los víveres para la preparación de sus productos. Su meta es crecer y salir adelante con su negocio.

La Señora Rosa I. vive por el sector de la Empresa Eléctrica, es el segundo crédito que realiza en el banco comunal y le gusta por que puede estar con sus amigas y así sale de la rutina. Se dedica realizar los quehaceres de una casa en donde cuida de dos abuelitos, labora todo el tiempo que ellos la necesiten, esta actividad la realiza hace 5 años.
Doña Rosa tiene 29 años, es madre soltera de 6 hijos que tienen 14, 13, 9, 7, 2 años de edad y un bebe de meses, sus dos primeros hijos estudian en un colegio de la ciudad, su tercero y cuarto hijos están en la escuela, no tiene casa propia por lo que vive arrendando.
Con su nuevo crédito va a iniciar en el negocio de cría de cerdos. Su meta es ser una buena madre para sus hijos y darles todo lo que esté en sus manos para que se superen

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
  • 14
    View loans »
    Ecuador Loans Fundraising
  • $22,853,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Futuro De Vida (Cuenca) Group's $2,375 loan helped a member to buy foodstuffs/To start raising pigs.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 11, 2010
Listed
Dec 1, 2010
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2011