Check out some available loans that are similar to this one!
Entrada A Chunazaca (Cuenca) Group
In this Group: Lidia Jaqueline, Nieves Lastemia, Blanca Licinda, Rosa Esperanza, Martha Isabel, Enma Lucinda, Rosa Carmen, José Alfredo, Virginia Orlanda, María Agripina, María Baleriana, Sonia María*
* not pictured
The 'Entrada a Chunazana' community bank is made up of eleven women and one man. They live in Chunazana community which is a cold climate area. The local people are very kind and hospitable. They raise animals, farm and many go to the city to work in different businesses. The members of this group are very hard-working people who make sacrifices for the well-being of their famlies.

Martha M. lives in Chunazana sector. This is the first loan that she has accessed through her community bank. She was invited to join the group by her sister. Martha is 25 years old, married, and has 4 children aged 9, 6, 4 and 1. Her eldest two children are attending a local elementary school. Her husband works as a laborer and, through their joint efforts, the couple have managed to build their own home. Martha's business is raising guinea pigs, chickens, hens, lambs and other livestock which she sells in her community She will invest her loan money in buying more chickens and more animals. Her goal is to have electric lighting in her home.

On this occasion, two ladies' husbands are accompanying them in the photograph, one is wearing a green t-shirt and the other is wearing a blue sweater with some green. Martha is wearing a black jacket.
View original language description ↓
El banco comunal Entrada a Chunazana esta formado por 11 mujeres y un hombre, viven en la comunidad de Chunazana que es de clima frió, su gente es muy amable y hospitalaria, se dedican a la cría de animales, a la agricultura y muchos salen a la ciudad a laborar en diferentes actividades, nuestras socias son personas muy trabajadoras que se sacrifican por el bienestar de sus familias.

La Señora. Martha M. vive por el sector Entrada a Chunazana, es su primer crédito que realiza en el banco comunal y fue su hermanan quien la invito a formar parte de este grupo.

Ella tiene 25 años, es casada en su unión conyugal ha concebido 4 hijos de 9, 6, 4 y 1 año de edad, sus dos primeros hijos estudian en una escuelita del sector. Su esposo labora como jornalero y con el trabajo en conjunto han logrado construir su casa propia.

Doña Martha se dedica a la cría de cuyes, pollos, gallinas, borregos y ganado a los mismos que los vende en su comunidad.

El dinero de su crédito lo va a invertir en la compra de más pollos y más animales.

Su meta es tener luz eléctrica en su casa.

En esta ocasión nos acompañan en la fotografía los esposos de dos socias, los cuales estan vestidos el uno con camiseta verde y el otro con una chompa azul con verde. Nuestro socio se encuentra vestido con una chaqueta negra.

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
  • 94
    View loans »
    Ecuador Loans Fundraising
  • $24,193,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Entrada A Chunazaca (Cuenca) Group's $2,550 loan helped a member to buy chickens and other animals.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 4, 2011
Listed
Mar 25, 2011
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2011