Check out some available loans that are similar to this one!
San Silvestre (Portoviejo) Group
In this Group: María Aracely, Nely Margarita, María Auxiluadora, Everida Menserrate, Leonor Mariela, Sandra Verónica, Liliana Guadalupe, Angela Yesenia, Antonia Neredita, Mary Del Carmen, Rosa Augustina*, Rosa Zoila, Eufracia Yanet
* not pictured
The San Silvestre communal bank meets every fifteen days in a district of the same name, in the parish of Crucita. This area is well known as being very near two of the best beaches in the province of Manabi, the beaches of Crucita and San Jacinto, which make this a very inviting tourist area.

This is a group of people who decided to join together and form this communal bank which has served them well, as they are able to improve their small businesses with the loans. They work in areas such as agriculture and general trade, among others.

Sra. Eufracia is 52, married and has seven children, six of whom are already adults. The youngest is 14 years old and still in secondary school. Two of her sons still live with her. Her husband is a farmer.

She is a wonderful homemaker who, in order to earn an income and help her husband with household expenses, sells food on weekends. These days many tourists come to this area to enjoy themselves near the ocean and she has installed a small canteen in her house where she prepares delicious dishes, especially those with seafood, since this is most typical of the area. One of the sons living with her, helps her. She has done this work for two years and it is going well.

Eufracia will use the loan to buy seafood and other supplies to prepare the meals. She has been a member of the communal bank since its inception and likes the help she receives.

Her dream is to have a fine ocean front restaurant one day.
View original language description ↓
EL Banco Comunal San Silvestre que se reúne cada quince días en el sitio del mismo nombre en la parroquia Crucita, este lugar es conocido por estar muy cerca de dos de las mejores playas de Manabí como son Crucita y San Jacinto lo que lo hacen un lugar de muchos encantos turísticos.

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 pueden mejorar sus pequeños, se dedican a diversas actividades tales como agricultura, comercio en general entre otras actividades.

En este lugar conocimos a la señora Eufracia tiene 52 años, está casada y de esta relación tienen siete hijos, 6 de ellos ya son mayores de edad y el menor de 14 años el mismo que estudia en colegio, dos de sus hijos aun viven con ella. Su esposo es agricultor.

Ella es una gran ama de casa que para ganar el sustento diario y con esto ayudar a su esposo con los gastos que genera el hogar se dedica a vender comida los fines de semana, estos días son muy visitados por los turistas que acuden a este lugar para pasar momentos de diversión cerca del mar, allí en su casa instala un pequeño comedor en el cual prepara deliciosos platos en especial los que son con mariscos ya que esto es lo más típico de la zona, en su trabajo le ayuda una de sus hijos que vive con ella. Lleva con su negocio ya por dos años y le está yendo muy bien.

Este crédito es para comprar mariscos y víveres para preparar los alimentos. Esta desde el inicio en el Banco Comunal y le gusta por la ayuda que recibe del banco.

Su sueño es tener un gran restaurante frente al mar.

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
  • 19
    View loans »
    Ecuador Loans Fundraising
  • $22,541,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of San Silvestre (Portoviejo) Group's $3,300 loan helped a member to buy seafood and other supplies.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 6, 2011
Listed
Sep 19, 2011
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2012