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La Gran Amistad (Cuenca) Group
In this Group: María Cecilia, Nelly Cecilia, Johanna Maritza, Sara Ines, Digna Amelia, Rosa Blanca, Julia Oliva, Mercy Cecilia, María Dolores
The 'La Gran Amistad' (Great Friendship) community bank is made up of 9 women who work hard every day in their different businesses which allow them to help with their household expenses. Our members are very hard-working women who face difficulties with a smile on their face. They live on the outskirts of Cumbe parish. This is a cold climate parish whose people work in commerce, farm and raise livestock. Many people have traveled abroad in search of a better job and a better future for their families.

María T. lives in 3 de Noviembre community in Cumbe. She has been a member of her community bank for 3 years.

María is 41 years old, married, and has seven children aged 23, 22, 20, 18, 14, 10 and 7. Her eldest three children are married and live independently. Her fourth child (a daughter) helps her with the housework and her three youngest children are attending a local school. Her husband is a day laborer. They don't own their own home and live in a rental house.

María cleans and looks after a house from Monday to Friday, from 6.00am to 5.00pm. In her own home she raises guinea pigs which she sells when she has a financial need to. She will invest her loan money in buying more guinea pigs. Her biggest dream is to own her own home.
View original language description ↓
El banco comunal La Gran Amistad se encuentra formado por 9 mujeres quienes luchan día a día en sus diferentes labores las mismas que les permiten ayudar en la economía de sus hogares, nuestras socias son mujeres muy trabajadoras y ven a las dificultades con una sonrisa en los labios. Viven por los alrededores de la parroquia de Cumbe, esta parroquia es de clima frió, su gente se dedica al comercio, a la agricultura y cría de animales, muchos han viajado fuera del país en busca de un mejor trabajo y por ende un mejor futuro para sus familias.

La Señora. María T. vive en la comunidad 3 de Noviembre en Cumbe y se encuentra en el banco comunal hace 3 años.

Tiene 41 años, es casada y ha concebido 7 hijos de 23, 22, 20, 18, 14, 10 y 7 años de edad, sus tres primeros hijos son casados e independientes, su cuarta hija le ayuda en los quehaceres del hogar y sus tres últimos hijos estudian en una escalita de la comunidad. Su esposo labora como jornalero, no tienen casa propia por lo que viven arrendando.

Doña María realiza los quehaceres domésticos de una casa en la que trabaja de lunes a viernes desde las 6 de la mañana hasta las 5 de la tarde. En su casa se dedica a la cría de cuyes a los que los vende cuando tiene en alguna necesidad económica.

El dinero de su crédito lo va a invertir en la compra de más cuyes.

Su mayor sueño es tener su casa propia.

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
  • 33
    View loans »
    Ecuador Loans Fundraising
  • $23,448,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of La Gran Amistad (Cuenca) Group's $2,875 loan helped a member to buy guinea pigs.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 22, 2011
Listed
Apr 5, 2011
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2011