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Nuevos Senderos (Cuenca) Group
In this Group: María Paztora, Gladys Marcela, Elvia Margarita, María Beatriz, Blanca Josefina, Ana Gabriela, Marcela Elizabeth, Eliana Elizabeth, Martha Cecilia, Margarita Azucena
The “Nuevos Senderos” (New Paths) communal bank is composed of ten kind, cordial and, above all, very hard working women who carry out their work like they do in their homes: not missing a single detail. They live in different parts of the city of Cuenca, a city that captivates natives and foreigners alike with its architectural and natural beauty, its cuisine that captivates visitors’ palates, its kind and cordial inhabitants who maintain their culture and traditions.

Eliana, 22, lives in Cuenca. She has a spouse and a 6-month-old baby. Her husband works as a caretaker and messenger at a local school. They do not own a house; they live at the same school they take care of.

Eliana started selling Avon and L’Bel products six months ago, products that she sells to her friends and acquaintances.

This is the first loan she’s taken out in the communal bank and will invest it in perfume, creams, cosmetics, etc. She was invited to become part of the communal bank by her mother-in-law.

Her dream is to have a house of her own and to study a university career.

The children that appear in the photo are children of the members.
View original language description ↓
El banco comunal Nuevos Senderos está formado por 10 mujeres amables, cordiales y sobre todo muy trabajadoras, que se desempeñan en sus trabajos como en su hogar sin descuidarse de ningún detalle. Viven en diferentes lugares de la ciudad de Cuenca, ciudad que cautiva a propios y extraños por la belleza arquitectónica y natural, su gastronomía cautiva el paladar de sus visitantes, su gente es amable y cordial mantienen su cultura y tradición.

La Señora. Eliana vive en la ciudad de Cuenca, tiene 22 años, vive en unión libre y tiene una bebé de 6 meses. Su esposo labora como conserje y mensajero de un colegio de la ciudad, no tienen casa propia por lo que viven en el mismo colegio el cual cuidan.

La Señora. Eliana hace 6 meses se dedica a la venta de productos Avon y Lébel, productos que vende a sus amigas y conocidas.

Es su primer crédito que realiza en el banco comunal y lo va a invertir en perfumes, cremas, cosméticos, etc. Fue invitada por su suegra a formar parte del banco comunal.

Su sueño es tener su casa propia y estudiar una carrera universitaria.

Los niños que están en la foto 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

  • $10,200
    Average annual income
  • 15
    View loans »
    Ecuador Loans Fundraising
  • $22,607,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Nuevos Senderos (Cuenca) Group's $2,700 loan helped a member to buy perfume, creams, cosmetics, etc.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 13, 2011
Listed
Jun 4, 2011
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2011