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Futuro Para Un Bienestar (Cuenca) Group
In this Group: María Concepción, María Beatriz, María Narcisa, Blanca Elena, Tania Anabella, Soraya De Lourdes, María Luisa, Norman Hernan, Julia María, María Carmita, María Clara , Miriam Gricelda
The Futuro Para un Bienestar [Future for Wellbeing] community bank is made up of 11 women and one man who are responsible and friendly people who fight in their jobs to improve their household finances and seek a better future. They live in different places in the city of Cuenca. This city has a lot of tourist attractions to visit and a delicious cuisine.

María Carmita S. lives in the area of San Pedro del Cebollar in the city of Cuenca. She is 38 years old, married and has 2 children, aged 8 and 4. Her oldest son goes to a neighborhood school. Her husband is a construction worker. They don't own their own home, and they rent.

María takes in laundry. She has been doing this activity for a year and she also cleans houses.

Maria is on her fourth loan in the community bank. She was invited to join by her sister. She will invest the money from the loan in buying chickens to start a business.

Her dream is to have her own house.

On this occasion, children of the members accompany us in the photo.
View original language description ↓
El banco comunal Futuro para un Bienestar está formado por 11 socias y un socio quienes son personas responsables y ambles que luchan en sus trabajos para mejorar la economía de sus hogares y en busca de un mejor futuro. Viven en diferentes lugares de la ciudad de Cuenca, esta ciudad tiene muchos lugares turísticos para visitar y una deliciosa gastronomía. Ciudad que en 1999 fue nombrada como patrimonio cultural de la humanidad.

La Señora María Carmita S. vive por el sector de San Pedro del Cebollar en la ciudad de Cuenca, tiene 38 años, es casada y tiene 2 hijos de 8 y 4 años de edad, su primer hijo estudia en una escuelita de la ciudad. Su esposo es maestro en la construcción, no tienen casa propia por lo que viven arrendando.

Doña María se dedica a la lavar ropa ajena, esta actividad la realiza hace un año y también realiza limpiezas de casas.

Nuestra socia se encuentra en el cuarto crédito que realiza en el banco comunal y fue invitada por su hermana, el dinero de su crédito lo va a invertir en la compra de pollos para iniciar con este negocio.

Su sueño es tener una casa propia.

Por esta ocasión nos acompañan en la foto unos niños que son hijos de las socias.

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
  • $24,303,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Futuro Para Un Bienestar (Cuenca) Group's $4,675 loan helped a member to buy chickens.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 29, 2011
Listed
May 17, 2011
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2011