Check out some available loans that are similar to this one!
La Ponderosa (Cuenca) Group
In this Group: Patricia Judith, María Mercedes, Miriam Patricia, Gloria Alexandra, Milton Rafael, María Carmita, Jorge Raul, María Margarita, María Rosalía, Lia De Jesús
The communal bank La Ponderosa is made up of 10 very hard-working and cheerful members, 8 women and 2 men. They strive daily in work and business to improve their household economic situations. They live in the area surrounding the Valle parish, a parish characterized by its natural beauty. The people here work in commerce, agriculture and animal husbandry.

Señora Lía Z. is a member of the communal bank La Ponderosa and lives in the Castilla Cruz Alta community. This is her first loan with the foundation. She is 41 years old and is a single mother to 4 children ages 20, 18, 13 and 12. Her oldest three children work and help her with the household expenses and also, study at night. Her youngest attends the neighborhood school. She doesn't own her own home but lives in a house that belongs to a family member. Doña Lía has worked as a domestic employee for 5 years. She works Monday through Friday from 8:00 am until noon. At home she grows vegetables for her family's consumption and also to sell in her community. With the money from the loan, she plans to start a new business and invest in guinea pigs. Her goal is to buy a piece of land to build her own house.

Señora María J. lives by the Valle parish. She is 41 years old, a widow and has two children ages 20 and 17. Her children are married and live independently. She doesn't own her own house, but is the caretaker for the house that she lives in. Doña María also works in agriculture and grows mostly for her own consumption, but also raises animals such as guinea pigs, chickens and cattle. She shares what she earns with the woman who owns the house she lives in. This is her first loan with the communal bank which she plans to use to purchase cattle. Her goal is to buy a piece of land.
View original language description ↓
El banco comunal La Ponderosa esta conformado por 8 mujeres y 2 hombres quienes son muy alegres y trabajadoras, luchan día a día en sus trabajos y negocios para mejorar la economía de sus hogares. Viven por los alrededores de la parroquia del Valle, esta parroquia se caracteriza por su belleza natural, su gente se dedica al comercio y también a la agricultura y cría de animales.

La Señora. Lía Z. es socia del banco comunal La Ponderosa, vive en la comunidad de Castilla Cruz Alta, este es su primer crédito que realiza en la fundación. Tienen 41 años, es madre soltera de 4 hijos de 20, 18, 13, 12 años de edad, sus tres primeros hijos trabajan y le ayudan en la economía de su hogar, también estudian por la noche, su ultimo hijo estudia en una escuelita del sector, no tiene casa propia por lo que vive en casa de familiares.
Doña Lía trabaja como empleada domestica, actividad que la desempeña hace 5 años, labora de lunes a viernes de 8 de la mañana hasta las 12 del medio día, en su casa se dedica a la agricultura sembrando hortalizas las que son para su consumo y también las vende en su comunidad. El dinero de su crédito lo va a invertir en la compra de cuyes para iniciar con esta actividad. Su meta es comprarse un terreno para construir su casa.

La Señora María J. vive por la parroquia del Valle, tiene 41 años, es viuda y tiene 2 hijos de 20 y 17 años de edad, sus hijos son casados y viven independientes. No tiene casa propia por lo que vive en una casa que cuida.
Doña María se dedica a la agricultura, que es mas para su consumo, también cría animales como: cuyes, pollos y ganado, las ganancias que obtiene es compartido a medias con la dueña de la casa.
Es el primer crédito que realiza en el banco comunal y lo va a invertir en la compra de ganado. Su meta es comprarse un terreno.

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
  • 13
    View loans »
    Ecuador Loans Fundraising
  • $22,546,650
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of La Ponderosa (Cuenca) Group's $3,975 loan helped a member to purchase guinea pigs and cattle.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 20, 2011
Listed
Jan 31, 2011
Currency Exchange Loss:
N/A
Ended:
Aug 15, 2011