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Emprendedores (Portoviejo) Group
In this Group: Rosa Leonor, Irene Cecilia, Sonia Modesta, Mayra Asuncion, Gema Evelyn, Karen Monserrate, Carlos Wilfrido, Laura Maricela*, Jesús Alfredo, Tania Pierina*, Diana Mercedes
* not pictured
Every two weeks, the members of the "Emprendedores" (Entrepreneurs) community bank meet in Calderón parish, in the city of Portoviejo. This place is known for its rich cuisine and its vegetation. Most of the locals work in farming and commerce.

This is a group of people who decided to come together and form a loan group which will be very helpful to them since they will use their loans to improve their small businesses. They work in different activities such as farming, livestock raising, commerce, selling meals, etc.

Here we meet Mayra who is married and has a 6 year-old son who is in his first year of elementary school. Her husband is a driver. Mayra completed her higher education.

In spite of having a degree, Mayra does not have a job where she can put her knowledge into practice. For this reason, some time ago, making the most of a plot of land that she has in the countryside, she started raising livestock. She built a small farm where she raises pigs. She keeps her pigs for three to four months and then delivers them to two salespeople with whom she has a contract. She tells us that her business is doing very well. She says that, faced with a lack of work, she looked for a way to earn a living on a daily basis so that she could help her husband with their household expenses.

Mayra will use this loan to buy three pigs and feed for them. This is her first loan cycle with her loan group and she hopes to be a member for many years to come.

Mayra's dreams are to some day own a larger farm and to have a job where she can work as a certified public accountant which is what she studied to be.
View original language description ↓
En la parroquia Calderón de la ciudad de Portoviejo, cada quince días se reúnen las socias del Grupo De Crédito Emprendedores. Este lugar se lo conoce por su rica gastronomía y su vegetación, la mayoría de sus habitantes se dedican a la agricultura y comercio en general.

Este es un grupo de personas que decidieron unirse y formar este Grupo De Crédito que les va a servir de mucho ya que con los créditos ellos van mejorar sus pequeños negocios que hasta la fecha tienen. Se dedican a diversas actividades tales como agricultura, cría de animales, comercio, venta de comidas entre otras actividades.

Aquí conocimos a la señora Mayra está casada y de esta relación tienen un hijo de 6 años de edad que está estudiando el primer año de educación básica, su esposo es chofer. Ella termino sus estudios superiores.

Ella a pesar de tener un título profesional no tiene un trabajo en el cual pueda poner en práctica sus conocimientos, por esta razón hace un tiempo atrás y aprovechando un terreno que tiene en el campo se dedico a la cría de animales, ella construyo una pequeña granja en la cual cría chanchos los mismos que tiene por tres a cuatro meses y luego los entrega a dos comerciantes con quienes tiene un contrato para entregar sus animales, nos cuenta que le va muy bien y que a falta de trabajo ella ha buscado la forma de ganarse su sustento diario y con esto ayudar a sus esposos con los gastos del hogar.

Este crédito es para comprar tres chanchos y alimentos para los mismos, este es su primer ciclo en el Grupo De Crédito y espera estar por muchos años.

Sus sueños son algún dia tener una granja más grande y un trabajo donde pueda desenvolverse como contador público para lo que estudió.

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
  • 50
    View loans »
    Ecuador Loans Fundraising
  • $23,495,200
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Emprendedores (Portoviejo) Group's $3,650 loan helped a member to buy three pigs and feed for them.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 19, 2011
Listed
Jul 24, 2011
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2011