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Jardines De Paute (Cuenca) Group
In this Group: Aurora De Las Mercedes, Rosa Aurora, Ximena Alexandra, Mónica Beatriz , Rosa Elvira, Ines Carmelina, Nube Del Rocío, Ana Cristina, Zoila Rosa
The community bank "Jardines de Paute" ("Paute Gardens") consists of 9 women. They are diligent and enterprising women who work in various activities that allow them to increase and improve their family finances. They live in the vicinity of Paute Canton, which is 35 km. northeast of Cuenca. The climate is mild and conducive to flower and fruit agriculture. Its people are engaged in trade, animal husbandry, agriculture, etc. They are very hospitable and friendly. Paute has many tourist attractions to visit.

Señorita Rosa Aurora lives in Paute Canton. This is her second loan made through the community bank, which she was invited to join by a friend. She is 24 years old, single and has a 6 year old daughter who studies in a school in the sector. She does not have her own house, so she lives in her brother's home.

Señorita Rosa Aurora is engaged in crafts, and does hand embroidery on all kinds of garments. She learned this activity thanks to her mom and has had her business for 4 years. She works full time from home and receives her orders from people she knows. She is also studying for a career in Systems Engineering via distance learning.

The money from the loan will be invested in the purchase of yarn and fabric to continue her activity. Her goal is to complete her university studies.
View original language description ↓
El banco comunal Jardines de Paute está formado por 9 Mujeres, quienes son mujeres luchadoras y emprendedoras que laboran en diferentes actividades que les permiten crecer y mejorar la economía de sus hogares. Viven por los alrededores del Cantón Paute que se encuentra 35 km. al noreste de Cuenca, su clima es templado propicio para la floricultura y producción de frutas. Su gente se dedica al comercio, cría de animales, agricultura, etc. Son personas muy hospitalarias y amables. Paute tiene muchos lugares turísticos para visitar.

La Señorita. Rosa Aurora vive por el cantón de Paute, se encuentra en su segundo crédito que realiza en el banco comunal al cual fue invitada por una amiga.

Tiene 24 años, es soltera y tiene una hija de 6 años de edad que estudia en una escuelita del sector. No tiene casa propia por lo que vive en casa de su hermano.

La Señorita Rosa Aurora se dedica a la artesanía, realiza bordados a mano de todo tipo de prendas, esta actividad aprendió gracias a mamá y tiene su negocio hace 4 años. Trabaja tiempo completo desde su casa ya que sus conocidas le realizan pedidos. También está estudiando a distancia la carrera de Ing. En Sistemas.

El dinero de su crédito lo va a invertir en la compra de hilos y telas para continuar en esta actividad.

Su meta es de culminar sus estudios Universitarios.

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
  • 25
    View loans »
    Ecuador Loans Fundraising
  • $22,856,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Jardines De Paute (Cuenca) Group's $2,700 loan helped a member to buy yarn and fabric.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 23, 2011
Listed
Jun 12, 2011
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2011