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Mulay (Cuenca) Group
In this Group: María Celina, María Rosario , Rosa Sarbelia, María Cruz, Rosa Agripina, Ana Piedad*, Mariana De Jesús, Ruth Adriana, Martha Yolanda, Ana Cecilia, María Doraliza
* not pictured
The Maluay communal bank is comprised of 11 women who are friends and neighbors. They live in the same community and most of them are involved in farming and raising livestock. Some of them are merchants. They live in the Maluay community which is known for its natural beauty and tranquil atmosphere, away from the noisy cities.

Mrs. Ruth Adriana M. lives in the community of La Paz which belongs to Maluay. She is 24 years old, married and has two children who live at home. Her husband is a drywall worker. They live in their own home.

Mrs. Ruth Adrina has been a seamstress for six years. She has a professional diploma and works in a factory Monday through Friday from 8:00 a.m. to 5:00 p.m. At home she raises chickens and has used two loans for this business activity. This is her third loan through the communal bank since she was invited by her mother-in-law to become a member. She plans to use the loan to buy chickens. Her goal is to finish her home.

Mrs. María Doraliza Q. lives in the community of La Paz which belongs to Maluay. This member has had two loans through the communal bank and she was invited to join the group by neighbors in her community. She grows crops for her own consumption. She also raises pigs, chickens and guinea pigs which she sells in her own neighborhood

Mrs. María Doraliza is 43 years old, married and has 8 children. Her eldest son is married and lives independently. The next two daughters work and help her with household expenses. The other five children study at the local school. Her husband is a bricklayer and they live in the house they both built.

She plans to use to loan to buy more pigs. Her dream is to finish her home.

Note: In the photo there is a little girl accompanying us. She's the daughter of one of the members.
View original language description ↓
El banco comunal Maluay esta formado por 11 mujeres que son amigas y vecinas, viven en una misma comunidad y en su mayor parte se dedican a la agricultura y cría de animales pero también realizan otras actividades de comercio. Viven en la comunidad de Maluay caracterizándose este sector porque se puede admirar la belleza de la naturaleza en donde se respira un aire de tranquilidad fuera de los ruidos de la ciudad.

La Señora. Ruth Adriana M. vive por la comunidad de la Paz que pertenece a Maluay, tiene 24 años, es casada y tiene 2 hijos quienes por el momento pasan en casa. Su esposo trabaja en un taller realizando estucos (cielos rasos), viven en su casa propia.
Doña Ruth Adrina es costurera actividad que desempeña hace 6 años, es profesional en esta rama ya que tiene su titulo, labora en una fabrica de lunes a viernes desde las 8 de la mañana hasta las 5 de la tarde, en su casa se dedica a la cría de pollos iniciando en esta actividad con su segundo crédito. Este es su tercer crédito que realiza en el banco comunal y fue invitada por su suegra a formar parte de este grupo, su crédito lo va a invertir en la compra de pollos. Su meta es terminar su casa.

La Señora. María Doraliza Q. vive en la comunidad de la Paz que pertenece Maluay, nuestra socia se encuentra en su segundo crédito que realiza en el banco comunal y fue invitada
por sus vecinas de la comunidad. Ella se dedica a la agricultura y lo que cosecha es para su consumo, también cría animales como: cerdos, pollos y cuyes los que vende en su propia comunidad.
Doña María Doraliza tiene 43 años, es casada y tiene 8 hijos, su primer hijo es casado y vive independiente, sus dos hijas siguientes trabajan y le ayudan económicamente en los gastos del hogar y sus cinco últimos hijos estudian en una escuelita del sector. Su esposo es albañil y viven en su casita la misma que fue construida entre los dos.
El dinero de su crédito lo va a invertir en la compra de más cerdos. Su sueño es ampliar su casa.

Nota: En la foto nos acompaña una niña que es hija de una de las socias.

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
  • 45
    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 Mulay (Cuenca) Group's $3,700 loan helped a member to buy chickens and pigs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 26, 2011
Listed
Feb 9, 2011
Currency Exchange Loss:
N/A
Ended:
Aug 15, 2011