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Familia Con Suerte (Manta) Group
In this Group: Ludys Yaqueline, Silvia Monserrate, Doris Beneranda, Noris María, Letty Yolanda, Agustina*, Alfredo Joselito, Freddy Leonardo*, Evelyn Nataly, Silvia María, Mariuxi Irene, Verónica Del Rosario , Yohanna Yalile
* not pictured
The communal bank "Familia Con Suerte" meets every 15 days in the Miraflores neighborhood of the city of Manta. This city is known for its beautiful beaches that are visited by many in all seasons of the year, and for being a city with unparalleled beauty and many tourist attractions. This group of people decided to unite and form this communal bank so that they could get loans to improve their small businesses, which will help them a lot. The members have a variety of businesses including: general retail sales, food sales, services, and other activities.

Here we meet Ludis, 32, who is married and has two children aged 10 and 7 who are in school. Her husband is a supervisor in a factory in Manta.

Ludis is a great housewife who, along with carrying out the household chores and caring for her small children, also has a business which allows her to generate her own income. She sells rice by the quintal (hundred pound sacks.) She sells a lot of quintals of rice to her customers from her house, because this is a staple product in the households of her country. She receives the rice directly from the rice mills, and later sells it to her customers. She provides her customers with payment terms, since she sells on credit, and she collects every week. She has been doing this work for 2 years, and it is going very well. She likes it because she earns money without having to neglect her small children.

This loan will be used to buy 100-pound sacks of rice. This is her first loan with the communal bank. She is the president of her communal bank, and she likes it because of how quickly the loans are disbursed.

Her goals are to continue to make progress with her business and with her communal bank.
View original language description ↓
El Banco Comunal Familia Con Suerte se reúne cada 15 días en el barrio Miraflores en la ciudad de Manta, ciudad conocida por sus hermosas playas que son muy visitadas en toda época del año y por ser una ciudad con una belleza sin igual con muchos atractivos 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 mejoran sus pequeños negocios. Se dedican a diversas actividades tales como, comercio en general, venta de comida, servicios entre otras actividades.

En este lugar conocimos a la señora Ludis, tiene 32 años, casada y de esta relación tienen dos hijos de 10 y 7 años de edad que estudian en la escuela. Su esposo es supervisor en una fábrica en Manta.

Ella es una gran ama de casa que además de estar al tanto de todas las necesidades de su hogar y de sus pequeños hijos también se dedica al comercio con la finalidad de obtener sus propios ingresos, ella vende arroz por quintales, en su casa vende muchos quintales de arroz a sus clientes ya que este es un producto indispensable en los hogares del país, recibe directamente el arroz desde las piladoras y luego vende a sus clientes y les da facilidades de pago ya que deja a crédito y cobra cada semana, lleva 2 años dedicada a esta actividad y le va muy bien, le gusta ya que se gana un dinero sin tener que descuidar a sus pequeños hijos.

Este crédito es para comprar quintales de arroz, este es su primer crédito en el Banco Comunal, es la presidenta y le gusta por la rapidez con que salen los créditos.

Sus metas son seguir adelante en su negocio y con el banco.

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
  • 47
    View loans »
    Ecuador Loans Fundraising
  • $23,490,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Familia Con Suerte (Manta) Group's $3,925 loan helped a member to buy 100-pound sacks of rice.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 13, 2011
Listed
Sep 22, 2011
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2012