El Paraiso (Cuenca) Group
One of the members is María Dolores. She lives around Cumbe Parish. She is rejoining the communal band because a while back she was a member of a different one.
She is 60 years old but her soul is very young and she has a great sense of humor. She’s a widow but in her marriage she conceived three children who are adults now. They are all single and working and help her economically. With work and sacrifice she managed to build her own house.
María is a small farm animal merchant. She’s been in this line of work since she was 20 years old. She works Sunday to Sunday.
She wants to use the money from her loan to buy animals like chickens, guinea pigs and pigs to continue in business. Her goal is to continue growing in animal sales.
The little boy in the photo who’s seated wearing a red sweater is the son of one of the members.
Una de las socias es la Señora María Doolores, vive por la parroquia de Cumbe. Ella se encuentra reingresando al banco comunal ya que hace un tiempo atrás pertenecía a otro banco.
Tiene 60 años de edad pero su alma muy joven ya que tiene gran sentido del humor, es viuda y en su unión conyugal ha concebido 3 hijos quienes son mayores de edad, todos son solteros trabajan y le ayudan economícamente. Con el sacrificio y trabajo ha logrado construir su casa propia.
Doña María se dedica a la venta de animales, esta actividad la desempeña desde que tenía 20 años, trabaja de domingo a domingo.
El dinero de su crédito lo va a invertir en la compra de animales como pollos, cuyes y chanchos para continuar con su negocio.
Su meta es seguir creciendo en el negocio de venta de animales.
El niño de la fotografía que está sentado con una chompa roja es hijo de una de las socias.
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.
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