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Las Americas (Cuenca) Group
In this Group: Rosa Savina, Luz Esperanza, Aida Leonor, Angel Modesto, Rosa Elvira, Sandra Noemi, Carmen Piedad
The communal bank Las Americas is made up of 6 women and 1 man, who are friends and live in different communities in Cuenca city. They work in agriculture and raise animals, and also work in the city in various activities which allow them to contribute to their household costs. These members are very hard working, friendly and charismatic women who strive each day to help their families.

Señora Rosa Q. lives in the Tutupali Chico community. This is her first loan with the communal bank and she was invited by her cousin, who also belongs to the group. She is 40 years old, is married and has 6 children - 19, 17, 16, 14, 12 and 11 years old. Her four oldest children work and help with the household costs, and her two youngest study in a local school. Rosa's husband is a builder, and with both working and making sacrifices they have managed to build their own home.

Rosa works in agriculture, sowing vegetables and garden produce to sell and consume. She also breeds animals such as chickens, guinea pigs, pigs, cows and sheep, which she sells when she needs to. Rosa will use the money from this loan to purchase chickens. Her goal is to have a shop in her house.

Sandra A. lives in the Cruce district in the Cumbe parish. She is 19, is single and has an 8 month old baby. She lives in her mother's house and they share the household costs. They don't have their own home as she looks after a house. Sandra has been working as a domestic employee for 2 months, and she also breeds guinea pigs in her house. This is her first loan with the communal bank, and she was invited to join by her cousin. The money from this loan will be used to purchase more guinea pigs. Her dream is to have a workshop where she makes clothes.
View original language description ↓
El banco comunal Las Americas está formado por 6 mujeres y 1 hombre que son amigos y viven por distintas comunidades de la ciudad de Cuenca, lugares en donde se dedican a la agricultura y cría de animales, también laboran en la ciudad en diferentes actividades que las que les permiten aportar a la economía de sus hogares. Nuestras socias son mujeres trabajadoras, amables y carismáticas quienes en su lucha diaria ayudan a sus familias.

La Señora. Rosa Q. vive por la comunidad de Tutupali Chico, se encuentra en su primer crédito que realiza en el banco comunal y fue invitada por su prima quien pertenece al grupo. Tiene 40 años, es casada y tiene 6 hijos de 19, 17, 16, 14, 12 y 11 años de edad, sus cuatro primeros hijos trabajan y ayudan en la economía del hogar, sus 2 últimas hijas estudian en una escuela de la localidad. Su esposo labora como albañil, con el trabajo y sacrificio de los dos han logrado construir su casa propia.
Doña Rosa se dedica a la agricultura, siembra verduras y hortalizas las que son para la venta y consumo, también cría animales como: gallinas, cuyes, chanchos, vacas y borregos que los vende cuando tiene alguna necesidad económica. El dinero de su crédito lo va a invertir en la compra de pollos. Su meta es tener una tienda en su casa.

La Señora. Sandra A. vive por el sector del Cruce en la parroquia de Cumbe, tiene 19 años de edad, es soltera y tiene un bebé de 8 meses de edad. Vive en casa de su mamá con quien comparte los gastos del hogar, no tienen casa propia por lo que vive cuidando una casa.
La Señora Sandra hace 2 meses labora como empleada domestica y en su casa se dedica a la cría de cuyes. Se encuentra en 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 cuyes. Su sueño es tener un taller para confeccionar ropa.

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
  • 14
    View loans »
    Ecuador Loans Fundraising
  • $22,853,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Las Americas (Cuenca) Group's $2,200 loan helped a member to purchase chickens and guinea pigs.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 22, 2011
Listed
Mar 9, 2011
Currency Exchange Loss:
N/A
Ended:
Jul 15, 2011