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Costa Del Sol (Portoviejo) Group
In this Group: Rosa Lucia, María Ines *, Claudia Sarita, Sandra Viviana, Valentina Pahola, Narcisa Epifania, Eduvijes Ines, Evelyn Katiuska*, Martha Cristina, Yolanda Jacqueline, Patricia Maribel, Pablo Orlando, Jessica Karina, Lelys Geogracia, Silvia Verónica, Jacinta Del Rosario, María Cecilia, Norma Noris*
* not pictured
The members of the Communal Bank “Costa del Sol” (Sun Coast) meet every 15 days in the resort town of San Jacinto. They engage in different business activities in the fishing, service, and retail sectors. Some time ago, the members decided to form a group so that they could access the loans provided by Fundación ESPOIR. This is their fourth loan as a Communal Bank and they are very pleased with the benefits and the loans they have received as a group.


One of the group members is Sra. Silvia. She is 32 years old and a single mother with three children (ages 12, 10, and 7) who attend either high school or elementary school. Silvia lives alone with her children.


Left with the difficult task of raising young children, Silvia decided some time ago to provide laundry services for other people. She also earns extra income by administering injections and serums since she learned this skill through a nursing course that she took. Silvia says that it is very hard to raise children by herself, but somehow she has managed to succeed through her effort and work. With this loan, she will buy a washing machine to help make her job easier. It can be difficult to do laundry when the loads of clothing are extremely heavy. Silvia also washes car seat covers in order to earn some extra money.


This is her second loan with the Communal Bank and she enjoys the assistance she has received through the loans. Her dreams include providing a better future for her children so that they lack nothing.


The smaller photograph of two of the members appears because, due to reasons beyond their control, they were not able to be present on the day the group photograph was taken.

View original language description ↓
En el balneario San Jacinto cada 15 días se reúnen los socios del Grupo De Crédito Costa Del Sol. Los mismos que se dedican a diversas actividades tales como la pesca, servicios y comercio en general. Ellos hace un tiempo atrás decidieron unirse para poder acceder a los créditos que brinda La Fundación Espoir, este es su cuarto ciclo en el Grupo De Crédito y están muy contentos con los beneficios que reciben el grupo con los créditos.

Aquí conocimos a la señora Silvia, tiene 32 años de edad, es madre soltera tiene tres hijos de 12, 10 y 7 años de edad los mismos que estudian en colegio y en escuela, ella vive sola con sus hijos.

Para llevar la dura carga de criar a sus tres pequeños hijos desde hace un tiempo atrás ella se dedica a lavar rora ajena, aunque también se gana un dinero extra poniendo inyecciones y sueros pues esto lo aprendió en un curso de enfermería que recibió, nos cuenta que es muy duro el tener que criar sola a sus hijos pero que de alguna manera ha logrado salir adelante gracias a su esfuerzo y trabajo. Con este crédito ella quiere comprar una lavadora para que le facilite su trabajo ya que se le hace muy difícil lavar cuando la ropa es muy pesada y para lavar forros de asientos de carro que también lo hace para ganarse algo extra.

Este es el segundo ciclo en el Grupo De Crudito y le gusta por la ayuda que le dan a través de los créditos.

Sus sueños son darles un mejor porvenir para sus hijos y que a ellos no les falte nada.

La foto pequeña adjunta es de dos socias que por motivos de fuerza mayor pudieron estar presentes el día 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

  • $10,200
    Average annual income
  • 40
    View loans »
    Ecuador Loans Fundraising
  • $23,469,600
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Costa Del Sol (Portoviejo) Group's $4,950 loan helped a member to purchase a washing machine.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 13, 2011
Listed
Jul 22, 2011
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2012