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Tierra Fertil (Cuenca) Group
In this Group: María Teresa, Juana Catalina, María Dolores, Aida Elena, Delia Florencia, José Roberto*, Mónica Cecilia, Alexandra Patricia, María Cristina, Jeanneth Maribel, Samuel Antonio*, Daniel Serafín, Luz Angelita, Rosa Isabel
* not pictured
The Communal Bank “Tierra Fértil” (Fertile Land) is a group that consists of eleven women and three men who work in different businesses within their community or in the city. This enables them to grow financially and move their families forward. The members live in the parish of El Valle, which is admired for its beautiful natural landscapes and the friendly cordial people who engage in trade, livestock breeding, and agriculture.


Sra. Jeannette Pilatuña lives in the community of Cochapamba in the parish of El Valle. She is receiving her fifth loan from the Communal Bank. Jeannette enjoys being a member because she has made many good friends. She has worked for a private clinic in the city as a nurse for five years. Jeannette works in rotating shifts and also raises guinea pigs from her home.


Doña Jeannette is 31 years old, single, and has a seven year old daughter who attends school in the city. She does not have a house of her own, so she lives at the home of a relative. The money from her loan will be invested in repairs to the pen where she keeps her guinea pigs. Her goal is to give her daughter a good education so that she can get ahead.


Sra. Mónica C. lives in the community of Cochapamba in the parish of El Valle. She is 34 years old, divorced, and has two children (ages 18 and 17). Her first child, a daughter, lives with her father while her second child, a son, lives with her at home since he is disabled. He attends a school for special needs children. Through her work, Mónica was able to build her own home.


Doña Mónica is a merchant who sells cosmetics from the Yanbal line. She has worked in this business without a set schedule for five years. In addition, she has a store in her home that she managed for six years. She works in this business Sunday to Sunday from 8am to 8pm. This is the first loan she has received from the Communal Bank and she was invited by her cousin. The money from her loan will be invested in the purchase of more products for her store so that she can have a better inventory for her customers. Her goal is to expand her business.

View original language description ↓
El banco comunal Tierra fértil está conformado por un grupo de 11 mujeres y 3 hombres quienes laboran en diferentes actividades en su comunidad o en la ciudad, las que les permiten crecer economícamente y salir adelante con sus familias. Viven por la parroquia del Valle, en esta parroquia se puede admirar hermosos paisajes de la naturaleza, su gente es amable y cordial quienes se dedican al comercio, cría de animales y a la agricultura.

La Señora. Jeannette Pilatuña vive por la comunidad de Cochapamba en la parroquia del Valle, se encuentra en su quinto crédito que realiza en el banco comunal y le gusta porque en él tiene muy buenas amigas. Nuestra socia trabaja como empleada privada en una clínica de la ciudad ya que es enfermera, actividad en la que labora hace 5 años y trabaja en turnos rotativos. En su casa se dedica a la cría de cuyes.
Doña Jeannette tiene 31 años de edad es soltera y tiene una hija de 7 años de edad que estudia en una escuelita de la ciudad. No tiene casa propia por lo vive en casa de un familiar.
El dinero de su crédito lo va a invertir en el arreglo del galpón para sus cuyes. Su meta es darle a su hija una buena educación para que ella pueda salir adelante.

La Señora. Mónica C. vive por la comunidad de Cochapamba en la parroquia del Valle, tiene 34 años, es divorciada y tiene 2 hijos de 18 y 17 años de edad, su primera hija vive con su papá y su segundo hijo quien es discapacitado vive en su casa y estudia en una escuelita para niños especiales. Con su trabajo ha logrado construir su casa propia.
Doña Mónica se dedica al comercio, vende cosméticos de la marca Yanbal, esta actividad la realiza sin un horario y hace 5 años. También tiene una tienda en su casa hace 6 años y en ella trabaja de domingo a domingo desde las 8 de la mañana hasta las 8 de la noche.
Este es su primer crédito que realiza en el banco comunal y fue invitada por su prima, el dinero de su crédito lo va a invertir en la compra de más productos para la tienda y así tener un mejor surtido para su clientela. Su meta es agrandar 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
  • 41
    View loans »
    Ecuador Loans Fundraising
  • $23,142,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Tierra Fertil (Cuenca) Group's $3,750 loan helped a member make repairs to a guinea pig pen.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 15, 2011
Listed
Feb 26, 2011
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2011