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Fuerza Trabajadora (Cuenca) Group
In this Group: Libia Graciela, Rosa Clotilde, Daniela Verónica*, Erika Gabriela, Mónica Tatiana, Guillermina De Lourdes, Ines Victoria*, Ketty Maribel, Wilson Ivan, Nora Teolinda
* not pictured
The Communal Bank “Fuerza Trabajadora” (Workforce) consists of nine women and one man who work in different activities such as trade, agriculture, livestock breeding, and other businesses that enable them to improve their household finances. The members are enterprising individuals who always approach life in a positive manner. They live in Cuenca, the third largest city in Ecuador. Cuenca has many tourist attractions where its natural beauty can be admired.


Sra. Nora S. lives in the District of Todos Santos in the city of Cuenca. She is 33 years old, in a common law marriage, and has three children (ages 14, 13, and 4). The first child is in high school, the second child attends a school in the city, and the last child is in pre-kindergarten. Her husband works as a waiter. They do not own a home, so they live in a rental property.


Doña Nora sells fast food such as hot dogs, hamburgers, fries, and other items. She has been in this business for four years and works Monday through Saturday, but only in the afternoons. Nora has also been selling cosmetics from the Yanbal line for five years. In her cosmetics business, she does not have specific days or an established schedule by which she works.


This is the first loan she is receiving from the Communal Bank after being invited by her sister, who is also an active member. The money from her loan will be invested in the purchase of cosmetics and supplies for her fast food business such as bread, meat, sausages, potatoes, sodas, and other items.


Her dream is to have her own home.

View original language description ↓
El banco comunal Fuerza Trabajadora esta conformado por 9 mujeres y un hombre que trabajan en diferentes actividades como el comercio, la agricultura, cría de animales, etc. y esto les ha permitido mejorar la economía de sus hogares, son personas emprendedoras y siempre ven la vida de una manera positiva. Viven en la ciudad de Cuenca que es la tercera ciudad más importante del país, Cuenca tiene muchos lugares turísticos en donde se puede admirar la belleza de la naturaleza.

La Señora. Nora S. vive por el sector de Todos Santos en la ciudad de Cuenca. Tiene 33 años, vive en unión libre y ha concebido 3 hijos de 14, 13 y 4 años de edad, su primer hijo estudia en el colegio, su segunda hija en una escuelita de la ciudad y su ultimo hijo está en el pre kínder. Su esposo labora como mesero, no tienen casa propia por lo que viven arrendando.

Doña Nora vende comida rápida (hot dogs, hamburgesas, papas fritas, etc.), se dedica a esta actividad hace 4 años y labora de lunes a sábados solo por las tardes. También vende cosméticos de la marca Yanbal hace 5 años,en esta actividad no tiene ni día ni horario fijo.

Este es su primer crédito que realiza en el banco comunal al cual fue invitada por su hermana quien es socia activa del mismo. El dinero de su crédito lo va a invertir en la compra de cosméticos y productos para su negocio de comida rápida como: pan, carne, salchichas, papas, colas, etc.

Su sueño es tener 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

  • $10,600
    Average annual income
  • 52
    View loans »
    Ecuador Loans Fundraising
  • $24,295,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Fuerza Trabajadora (Cuenca) Group's $2,550 loan helped a member to purchase cosmetics and supplies for a fast food business such as bread, meat, sausages, potatoes, sodas, and other items.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 29, 2011
Listed
Apr 13, 2011
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2011