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Alianza Unida (Cuenca) Group
In this Group: Flor América, Clemencia Concepción*, Carmen Rocío, Margarita Guadalupe, Rosa Leonor, Jacinta Raquel*, Luisa Amada, María Auxilio, María Doraliza, Angélica María, Elsa Sara, Paola Maribel
* not pictured
The “Alianza Unida” (Unified Alliance) communal bank is composed of 12 women who live in different parts of the city of Cuenca. This city is the country’s third most important. Its culture, traditions and varied gastronomy make Cuenca a very beautiful city. Its residents are kind and cordial just like our members who work in various activities that have made it possible for them to contribute to their households’ economy.

Mrs. Paola Maribel Z. lives around the Indurama sector of Cuenca. This is her second loan with the communal bank. Her mother invited her to join. She is 28 years old and the single mother of two children who are 4 and 2 years of age. She lives with her mother and they share household expenses. She does not own her house; she rents. By profession, Paola Maribel is a hair stylist and has worked in this occupation since she was 16 years old. She works Monday through Friday from 8am until 8pm.

Money from her loan will be used to buy hair coloring, shampoo and other beauty products for her business. Her goal is to open a branch of her business.

Mrs. María Auxilio N., 57, is married and has three children who are adults and married. Two of them live independently and her daughter lives with her and shares household expenses. María's husband is a master bricklayer and works in construction. María Auxilio raises chickens, guinea pigs and pigs that she sells whenever she has economic need. She also works in agriculture and what she grows is for home consumption.

This is her 6th loan in the communal bank and she plans to use it to buy more chickens. Her goal is to grow in business.
View original language description ↓
El banco comunal Alianza Unida está formado por 12 mujeres quienes viven en diferentes lugares de la ciudad de Cuenca, esta ciudad es la tercera ciudad más importante del país. Su cultura, tradiciones y gran variedad en la gastronomía hacen de Cuenca una ciudad muy hermosa. Su gente es muy amable y cordial al igual que nuestras socias quienes laboran en diferentes actividades que les ha permitido ayudar en la economía de sus hogares.

La Señora. Paola Maribel Z. vive por el sector de Indurama en la ciudad de Cuenca, se encuentra en su segundo crédito que realiza en el banco comunal al cual fue invitada por su mamá. Tiene 28 años de edad, es madre soltera de 2 niños de 4 y 2 años, vive con su mamá y comparten los gastos del hogar, no tiene casa propia por lo que vive arrendando.
Doña Paola Maribel es de profesión estilista y labora en esta actividad desde que tenia 16 años, trabaja de lunes a viernes desde las 8 de la mañana hasta las 8 de la noche.
El dinero de su crédito lo va a invertir en la compra de tintes, shampoo y otros productos de belleza para su negocio. Su meta es tener una sucursal de su negocio.

La Señora. María Auxilio N. tiene 57 años, es casada y tiene 3 hijos quienes son mayores de edad y casados, dos de ellos viven independientes, su hija es quien vive en su casa y comparten los gastos del hogar. Su esposo labora en la construcción ya que es maestro albañil.
Doña María Auxilio se dedica a la cría de pollos, cuyes y cerdos a los que vende cuando tiene alguna necesidad económica, también trabaja en la agricultura y la cosecha es para el consumo de su hogar.
En el banco comunal se encuentra en su sexto crédito y lo va a invertir en la compra de más pollos. Su meta es crecer en su negocio.

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
  • 37
    View loans »
    Ecuador Loans Fundraising
  • $23,216,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Alianza Unida (Cuenca) Group's $4,300 loan helped a member to buy hair coloring, shampoo, beauty products and chickens.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 11, 2011
Listed
Feb 24, 2011
Currency Exchange Loss:
N/A
Ended:
Jul 15, 2011