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Alianza Unida (Cuenca) Group
In this Group: Flor America, Clemencia Concepción , Carmen Rocio, Margarita Guadalupe, María Auxilio, Rosa Leonor, Olga Maricela, Luisa Amada, Wilma Francisca, María Doraliza, Angelica María, Elsa Sara
The communal bank "Alianza Unida" is comprised of 12 women who are kind, hard workers who struggle to get ahead. Each one of our members works in a different activity which helps support and improve their household economy. They live in different places around the city of Cuenca which is the third largest in the county. Its architecture is a blend of colonial and modern and its people maintain the culture and traditions.

One of the members is Mrs. Wilma who lives in the center of Cuenca. This is her first loan through the communal bank, which her sister invited her to join. She is 39, married and has three children, ages 19, 18 and 13. Two of her children are married and independent and the youngest is in school. Her husband is an industrial mechanic and works in his own shop. Together they have been able to build their own house.

Doña Wilma has been a private sector employee for 11 years and works Monday through Friday. She plans to use the loan to buy consumer goods for the household. Her goal is to finish her home because some things are still missing.

The small photos are of the three members who could not be present for the group picture due to work obligations.
View original language description ↓
El Banco comunal Alianza Unida esta formado por 12 mujeres, quienes son muy amables, trabajadoras y luchadoras, cada una de nuestras socias laboran en diferentes actividades que les permiten ayudar y mejorar la economía de sus hogares. Viven en diferentes lugares de la ciudad de Cuenca, esta ciudad es la tercera ciudad más importante del país, su arquitectura es una mezcla de lo colonial y lo moderno, su gente mantiene su cultura y tradiciones.

Una de las socias es la Señora. Wilma, ella vive por el Centro de la ciudad de Cuenca. Este es su primer crédito que realiza en el banco comunal al cual fue invitada por su hermana.

Tiene 39 años, es casada y ha concebido 3 hijos de 19, 18 y 13 años de edad, sus dos hijos son casados e independientes y su ultimo hijo estudia en un colegio de la ciudad. Su esposo es de profesión mecánico industrial y labora en su propio taller, con el trabajo conyugal han construido su casa propia.

Doña Wilma labora como empleada privada, se encuentra en este trabajo hace 11 años y labora de lunes a viernes.

El dinero de su crédito lo va a invertir en la compra de víveres para su hogar.

Su meta es terminar su casa ya que aun le hacen falta algunos detalles.

Las tres fotos pequeñas adjuntas son de tres socias que por motivos de trabajo no pudieron estar presentes en la reunión que se tomó la foto del grupo.

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
  • 47
    View loans »
    Ecuador Loans Fundraising
  • $24,292,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Alianza Unida (Cuenca) Group's $4,075 loan helped a member to buy consumer goods.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 8, 2011
Listed
Jun 24, 2011
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2011