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El Limón # 2 (Portoviejo) Group
In this Group: Johanna Isabel, Johanna Del Pilar, Lady Italia, Gema Liliana, Deicy Irina , Eliana Stefania*, Gloria Trinidad, Barbara Monserrate, Silvia Jessenia, María Isabel, Ricardo Xavier, Ana Maribel, Sandy Roxana*, María Estefania
* not pictured
Every two weeks, the 13 women and 1 man who make up the El Limón community bank meet in El Limón sector, in Colon parish, in the city of Portoviejo. They all work in different business activities such as farming, commerce or providing services such as telephone services or a beauty salon. Everybody in the group works together to access the benefits provided by Fundación Espoir. This is their first loan and they hope to continue in their community bank for a long time.

Here we meet 57 year-old Gloria who is married and has two grown-up children. One of her children still lives at home. Her husband is a farmer.

Gloria is a very good homemaker who, in order to help herself and to help her husband with their household expenses, washes other people's clothes. She is currently planning to set up a business selling clothes. She hopes to use the loan that she has been granted by Fundación Espoir to travel to Guayaquil to buy all kinds of clothes and gradually grow her business.

Gloria's dreams are to own a large store and to continue to have the strength necessary to get ahead every day.

The lady in the small photo attached to the main group photo is Silvia, who couldn't attend the meeting for work reasons. Her photo was taken on another day.
View original language description ↓
En el sector conocido como El limón en la parroquia Colon de la ciudad de Portoviejo se reúnen cada quince días las 13 socias y 1 socio del Banco Comunal El limón. Se dedican a diversas actividades tales como la agricultura, al comercio en general o prestar servicios como cabinas telefónicas, salones de belleza. Todo el grupo unieron sus esfuerzos para poder acceder a los beneficios que presta la Fundación Espoir, este es su primer crédito y esperan seguir por mucho tiempo en el Banco Comunal.

En este lugar conocimos a la señora Gloria, tiene 57 años de edad, está casada y de esta relación tiene dos hijos ya mayores de edad, uno de ellos aun vive en su casa. El marido se dedica a la agricultura.

Ella es una muy buena ama de que para ayudarse y ayudar a su esposo en los gastos del hogar se dedica a lavar ropa ajena, aunque en la actualidad ella está pensando poner un negocio de venta de ropa, espera utilizar el crédito que le ha sido otorgado por la fundación para viajara a Guayaquil a comprar todo tipo de ropa y poco a poco crecer su negocio.

Este crédito es para comprar pantalones, camisas, camisetas, ropa de niños, blusas, entre otras prendas. Este es su primer ciclo al igual que el Banco Comunal y espera estar por muchos ciclos más.

Sus sueños son tener un gran almacén y fuerzas para seguir adelante dia a dia.

La foto pequeña adjunta a la foto del grupo es de la Señora Silvia quien no pudo asistir a la reunión por motivos de su trabajo y por tal motivo fué tomada otro día.

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
  • 100
    View loans »
    Ecuador Loans Fundraising
  • $23,946,025
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of El Limón # 2 (Portoviejo) Group's $3,925 loan helped a member to buy pants, shirts, blouses, t-shirts, children's clothes, etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 10, 2011
Listed
May 22, 2011
Currency Exchange Loss:
N/A
Ended:
Oct 15, 2011