Pauteñitas (Cuenca) Group
One of the members is Jessica. She is 35 years old and lives in the canton of Paute. She is in a common-law relationship and has 2 children, ages 17 and 15, who are students at the city school. Our member is very happy as she is 8 months pregnant. Her husband works in construction. They do not have their own home because they live on a farm where they work.
At present, Jessica is working at the farm, caring for her children, and raising hens for consumption and sale.
Her friend invited her to join the communal bank and she is in her third loan cycle with the institution. She will use the funds from the loan to buy chickens to start this business.
Her goal is to increase the number of animals she is raising.
The attached photos are of three members that could not be present when the group photo was taken because they were working.
Una de las socias es la Señora. Jessica, vive por el cantón Paute, Tiene 35 años de edad, vive en unión libre y ha concebido 2 hijas de 17 y 15 años de edad quienes estudian en un colegio de la ciudad. Nuestra socia está muy contenta ya que se encuentra embarazada de 8 meses. Su esposo labora en la construcción, no tienen casa propia por lo que viven en una hacienda donde cuidan.
Doña Jessica por el momento se encuentra laborando en la hacienda, cuida de sus hijas y se dedica a la cría de gallinas las que son para su consumo y venta.
En el banco comunal se encuentra en su tercer ciclo al cual fue invitada por una amiga. Con el dinero de su crédito lo va a compra pollos para iniciar con este negocio.
Su meta es crecer en la cría de animales.
Las fotos pequeñas adjuuntas son de tres socias que por motivos de trabajo no pudieron estar presentes cuando se tomó la foto del grupo.
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.
57View loans »
Success!! The loan was 100% repaid