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Bonanza (Cuenca) Group
In this Group: Carmen Brecilda, Mariana De Jesús, Cinthia Fernanda, Mayra Cristina, Geovanna Gabriela, Flor Beatriz, Jessica Mercedes*
* not pictured
The “Bonanza” communal bank has seven women members who are friends and acquaintances. They live in various parts of the city of Cuenca, a city that’s rich in architectures blending the modern with the colonial. Its residents maintain their culture and the traditions of its peoples. They are very kind, charismatic people very much like our members who strive daily to improve their home economy and provide their children with a better future.

One of the group members is Cinthia. She’s a member of the Bonanza communal bank. She lives in downtown Cuenca. She’s 27 years old, married and has two children who are 7 and 5 years of age and go to the local elementary school. Her husband works as a private employee. They don’t have a house of their own but live with her in-laws and share household expenses with them.

Cinthia is a bilingual secretary by profession but does not practice her profession in order to care for her children. Since she spends the day at home, she makes crafts, decorations and children’s parties. She works Sunday to Sunday with no specific schedule.

Our member is in her second loan and will use it to buy children’s party supplies and crafts-making supplies. Her goal is that her business grows and becomes very well known in the city.

The two little girls in the photo are daughters of one of the members.
View original language description ↓
El banco comunal Bonanza está formado por 7 mujeres quienes son amigas y conocidas, viven en diferentes lugares de la ciudad de Cuenca, ciudad que es muy rica por su arquitectura la cual se mezcla entre lo moderno y lo colonial, su gente mantienen la cultura y tradiciones de sus pueblos, son personas muy amables y carismáticas como nuestras socias quienes luchan día a día para mejorar la economía en sus hogares para darles a sus hijos un mejor futuro.

Una de las socias de este grupo es la Señora Cinthia es socia del banco comunal Bonanza, vive en el centro de la ciudad de Cuenca, tiene 27 años de edad, es casada y fruto de su unión conyugal ha concebido 2 hijos de 7 y 5 años que estudian en una escuelita de la ciudad. Su esposo labora como empleado privado, no tienen casa propia por lo que vive en casa de sus suegros con quienes comparte los gastos del hogar.

La Señora. Cinthia es de profesión secretaria Bilingüe pero por cuidar de sus hijos no ejerce su profesión, como pasa en casa se dedica al arte, ella realiza manualidades, artículos decorativos y eventos infantiles. Trabaja de domingo a domingo sin un horario específico.

Nuestra socia se encuentra en su segundo crédito y lo va a invertir en la compra de artículos para las fiestas infantiles y materiales para realizar manualidades.

Su meta es que su negocio crezca y que llegue a ser muy conocido en la ciudad.

Las dos niñas de la foto son hijas de una de las socias.

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

  • $10,600
    Average annual income
  • 95
    View loans »
    Ecuador Loans Fundraising
  • $24,092,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Bonanza (Cuenca) Group's $1,650 loan helped a member to buy crafts-making supplies and children's party supplies.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 30, 2011
Listed
Sep 20, 2011
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2012