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Racar Bajo (Cuenca) Group
In this Group: Zoila Paulina, Delia Elizabeth, Julio Santiago, Milton Patricio, Mayra Liliana*, Segundo Gerardo, Aida María, Guadalupe Del Rocio
* not pictured
The “Racar Bajo” communal bank is made up of three gentlemen and five women, most related to each other, who work together making bricks and tiles, a craft they learned from their parents and grandparents. They live on the outskirts of Cuenca, a city known for its natural beauty, its architecture, food, culture, and for the traditions of its people, who are very friendly and have warm hearts.

Delia is one of the bank’s members and lives in the Racar sector of Cuenca. She is 29 years old, married, and has four children, ages 9, 8, 6, and 4. Her three oldest daughters attend the little school in the city. Her husband works making tiles. They don’t have a home of their own, but live with her mother and share the household expenses.

Delia has been working in mother’s bricks and tile workshop since she was 13 years old. She works Monday to Saturday from 8:00 am to 5:00 pm. She also raises hogs and chickens.

This will be her second loan through the communal bank and she will use the money to buy clay for manufacturing bricks and tiles. Her goal is to have her own home and livestock.
View original language description ↓
El banco comunal Racar Bajo está formado por 3 hombres y 5 mujeres, quienes son en su mayoría familiares y se dedican a trabajar en una misma actividad que es la elaboración de tejas y ladrillos, este trabajo artesanal lo heredaron de sus padres y abuelos. Viven por los alrededores de la ciudad de Cuenca, esta ciudad es conocida por su belleza natural y arquitectónica, por su gastronomía, por la cultura y tradiciones de su gente quienes son amables y de un corazón cálido.

Una de las socias es la Señora. Delia, vive por el sector Racar en la ciudad de Cuenca, tiene 29 años, es casada y en su unión conyugal ha concebido 4 hijos de 9, 8, 6 y 4 años de edad, sus tres primeras hijas estudian en una escuelita de la ciudad. Su esposo labora en la elaboración de tejas, no tienen casa propia por lo que viven en la casa de su mamá con quien comparte los gastos del hogar.

Doña Delia trabaja en un taller que es de su mamá en donde fabrican tejas y ladrillos, en este trabajo está desde que tenía los 13 años de edad, trabaja de lunes a sábados desde las 8 de la mañana hasta las 5 de la tarde. También se dedica a la criar chanchos y pollos.

Se encuentra en su segundo crédito que realiza en el banco comunal y lo va a invertir para compra de arcilla para la fabricación de tejas y ladrillos.

Su meta es tener su casa propia y ganado para criar.

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
  • 21
    View loans »
    Ecuador Loans Fundraising
  • $22,592,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Racar Bajo (Cuenca) Group's $2,650 loan helped a member to buy supplies.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 16, 2011
Listed
Jul 20, 2011
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2011