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Gualaceñitas (Cuenca) Group
In this Group: Martha Alexandra, Natali Marisol, Miriam Janeth, Gloria Esperanza, Carmelina, Dorin Amanda, Lourdes Patricia, Zoila Esther, Carmen Estefanía, María Verónica*, Yolanda Beatriz, Nancy Elizabeth, Celia Mariana, María Carmen, María Rosa, Rosa Teresa
* not pictured
The Gualaceñitas Communal Bank is comprised of 16 women who are engaged in different business activities. This allows them to contribute financially to their households and to give their families a better quality of life. They live in the Gualaceo canton. This canton is known for its delicious food, beautiful scenery, craftsmanship like footwear made with skillful hands, and the warmth of its people.

Miriam M. lives in the center of the Gualaceo canton. She has her second loan with her communal bank, which her cousin invited her to join. She is 30 years old; married; and has four children, ages 12, 11, 8, and 6. Her first daughter is in high school, and the other three attend school in the canton. Her husband has migrated in search of a better job in order to give his family a better future. They do not have their own house, so they live with her parents and share expenses.

Miriam works in her mother’s shop, where she operates machinery to make footwear. She does not have a fixed schedule, so she is able to spend more time with her children. She has been selling Yanbal brand cosmetics for six months.

She will use the money from the loan to buy perfumes, creams, costume jewelry, and cosmetics. Her goal is to grow much more in her business.
View original language description ↓
El banco comunal Gualaceñitas está formado por 16 mujeres quienes realizan diferentes actividad las mismas que les permiten contribuir a la economía de sus hogares y por ende entregarles a sus familias una mejor calidad de vida. Viven por el cantón Gualaceo, este cantón es conocido por su rica gastronomía, por la belleza de sus paisajes, por sus artesanías como el calzado que es realizado por hábiles manos y por el calor de su gente.

La Señora. Miriam M. vive por el centro del cantón Gualaceo, se encuentra en su segundo crédito que realiza en el banco comunal al cual fue invitada por su prima.

Tiene 30 años, es casada y ha concebido 4 hijos de 12, 11, 8 y 6 años de edad, su primera hija esta en el colegio y sus tres últimos hijos estudian en una escuelita del cantón. Su esposo ha migrado en busca de un mejor trabajo para ofrecerle a su familia un mejor futuro, no tienen casa propia por lo que vive en casa de sus padres con quienes comparte gastos.

Doña Miriam labora en un taller que es de su mamá en donde opera maquinas para la realización de calzado, no tiene un horario fijo por lo que puede dedicarle más tiempo a sus hijos. Hace 6 meses también se dedica a la venta de cosméticos de la marca Yanbal.

El dinero de su crédito lo va a invertir en la compra de perfumes, cremas, bisutería y cosméticos.

Su meta es crecer mucho más en 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

  • $10,600
    Average annual income
  • 46
    View loans »
    Ecuador Loans Fundraising
  • $24,293,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Gualaceñitas (Cuenca) Group's $4,850 loan helped a member to buy perfumes, creams, costume jewelery, and cosmetics.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 31, 2011
Listed
Apr 17, 2011
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2011