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10 De Mayo Group
In this Group: José Patricio, Blanca Ruby, Cesar Orlando
This group is in the Boboli parish in the Santo Domingo de los Tsáchilas province. It is a densely populated zone in Ecuador. Its climate has a temperature of between 21 and 33 degrees centigrade. The production and commercialization of fruit is very common with the people here, as is raising animals.

José is the president of the group. He raises pigs, and he later sells them to get his income. He lives with his wife and his son, who was born a couple of weeks ago.

During his free time he plays sports like “Ecuavoly” (a volleyball variation that is played with two 3-player teams with a higher net and the use of a soccer ball) and soccer.

The obstacle in his life is not having been able to finish high school.

He will use the loan to buy more pigs to raise and increase his income.

Just like José, Cesar also raises and sells pigs. However, he only does this part time. He works as a bricklayer, but he wants to expand his business to be able to stop being a bricklayer and to devote himself to only raising pigs. He is single and lives with his mother. He tells us that his wish is to be able to spend more time with her and to give her a better quality of life.

Blanca is a single, 50 year old woman. She sells clothes. She wants to be able to buy more clothes in order to have income to fix her house. She wants to be able to establish a small store in her house in order to sell her products.
View original language description ↓
Este grupo está en la parroquia "Bobolí" de la provincia de Santo Domingo de los Tsáchilas, una zona densamente poblada del Ecuador cuyo clima tiene una temperatura se encuentra entre los 21 y 33 grados centígrados. Aquí la producción y comercialización de fruta es muy común entre los pobladores así como la crianza de animales.

José el presidente del grupo se dedica a la crianza de chanchos, luego los vende para obtener sus ingresos. Vive con su esposa y su hijo que nació hace un par de semanas. Durante su tiempo libre practica deportes como el "Ecuavoley" y el fútbol. Su obstáculo en la vida ha sido no haber podido terminar sus estudios secundarios. Con el préstamo él comprará más chanchos para criarlos y así aumentar sus ingresos.

Al igual que José, Cesar también se dedica a la crianza y venta de chanchos pero lo hace solamente parte de su tiempo. El trabaja como albañil pero quiere ampliar su negocio para poder renunciar a ser albañil y únicamente dedicarse a la crianza de chanchos. El es soltero y vive con su madre, nos cuenta que su deseo es poder compartir más tiempo con ella y darle una mejor calidad de vida.

Blanca es una mujer soltera de 50 años y se dedica a la venta de ropa, ella quiere invertir comprando más ropa y así poder tener ingresos para arreglar su casa. En este lugar desea poder hacer un pequeño local comercial para vender sus productos.

Additional Information

About Fundación Alternativa

Fundación Alternativa encourages entrepreneurship and provides sustainable financial and non-financial services that promote social and economic development in Ecuador. The organization focuses on serving poor and excluded populations through analysis of clients' living conditions and by providing business training and other support services in urban, rural and marginalized parts of the country.

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

  • $10,600
    Average annual income
  • 96
    View loans »
    Ecuador Loans Fundraising
  • $24,098,400
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of 10 De Mayo Group's $1,000 loan helped a member to buy more pigs for his business.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 28, 2011
Listed
Aug 12, 2011
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2012