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Nuevo Atardecer (Cuenca) Group
In this Group: Rosario Monserrate, Shirley Celinda Del Carmen, María Isabel, Dolores Patricia, Gabriela Monserrate, George Geovanny, Alexandra Elizabeth, Elvis Adolfo, Consuelo Del Rocio, Asunción Agustina
Every two weeks in the city of Portoviejo, the capital of Manabí, known for many years as the city of the real tamarinds because of the large quantity of the fruit that used to grow there, there is a meeting of the members of the communal bank Nuevo Atardecer (New Dusk). On this occasion, we are visited by the sister of one of the members. In the photo, the member is dressed in a purple blouse, and her sister is behind her.

This is a group of people who decided to come together in order to obtain their first loan with the purpose of improving their businesses and their lives. They make their livings in various activities, such as commerce, sales, production and services. This is the first cycle with the communal bank for our friend and for the group itself. They are very satisfied because the loans are easy to get.

Here we meet Señora María. She is 25 years old, is married and has a 2 1/2-year old daughter. Her husband works for a shipping company.

Señora María is a good housewife and makes her living in commerce. She sells all types of clothing from a catalog and sandals. She makes her sales going door to door and also from customers who pre-order their purchases. In addition, she sells products from her home. Señora María sells her merchandise on credit and collects payments on a weekly basis. This provides her an advantage, as she she makes use of the collections time to make new sales. She gets the sandals from a distributor in Portoviejo, and she purchases the clothing in Guayaquil. She works alone, has been running this business for three years, and she tells us that it has been going very well for her. What she sells the most of is sandals and women's clothing.

She is going to use this loan to purchase merchandise, like pants, shirts, blouses, sandals and other items, in order to grow her business. Her dream is to one day have her own home, since she currently lives in her in-laws' house.
View original language description ↓
En la ciudad de Portoviejo, capital de Manabí conocida desde hace muchos años como la ciudad de los reales tamarindos por la gran cantidad de este fruto que había en aquella época, se reúnen cada quince días las socias del Banco Comunal Nuevo Atardecer. En esta ocasión nos acompaña en la foto del grupo la hermana de una de las socias, la socia viste una blusa morada y detrás esta su hermana.

Este es un grupo de personas que decidieron unirse y así poder obtener su primer crédito con la finalidad de mejorar sus negocios y su vida. Ellos se dedican a diferentes actividades tales como, (comercio, ventas, producción y servicios,). Para nuestra amiga y el grupo en si este es su primer ciclo en el banco y están muy a gusto porque los créditos son fáciles de hacer.

Aquí conocimos a la señora María, tiene 25 años de edad y está casada y de esta relación tiene una hija de 2 años y seis meses. Su marido trabaja en una empresa de transporte.

Es una muy buena ama de casa que se dedica al comercio, vende sandalias por catalogo y ropa de todo tipo, su forma de venta es puerta a puerta, también entrega bajo pedidos ya que tiene varios clientes que le realizan los pedidos con anticipación y también vende sus productos en su casa. Ella deja sus productos a crédito y cobra semanalmente lo cual es una ventaja ya que a la vez que realiza sus cobros también utiliza ese momento para realizar nuevas ventas. Las sandalias las recibe en una distribuidora en Portoviejo, la ropa la compra en Guayaquil. Trabaja sola y lleva en este negocio ya tres años, nos cuenta que le ha ido muy bien y lo que más vende son las sandalias y ropa de mujer.

Este crédito lo va a emplear en comprar mercadería para incrementar su negocio como pantalones, camisas, blusas, sandalias entre otras. Sus sueños son llegar a tener su propia casa ya que vive en casa de los suegros.

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
  • 46
    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 Nuevo Atardecer (Cuenca) Group's $2,925 loan helped a member to purchase sandals, pants, shirts, blouses etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 17, 2011
Listed
Jan 18, 2011
Currency Exchange Loss:
N/A
Ended:
Jun 15, 2011