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San Luis (Cuenca) Group
In this Group: Livia Margarita, Digna Fabiola, María Gabriela, Luz Mercedes, Nelis Fabiola, Gloria Esperanza*, Juan Jesús, María Ana, María Isabel, Carlos Felipe, Hernan Bolivar, Rosa Isabel*
* not pictured
The San Luis communal bank has nine female and three male members who live on the outskirts of Paute Canton, an area of temperate climate with a wide variety of fruit, and a favorable place for floriculture. The people work in commerce, selling typical food along the highway, and in agriculture and raising animals. The people maintain the culture and traditions of their communities. Our female members work in various activities that allow them to contribute to the economy of their homes and get their families ahead.

Luz is one of the members of this group. She lives on the outskirts of Paute Canton and is 43 years old and divorced. From her marriage she had eight children: four are independent, three work and help her economically, and one attends school locally. She doesn't have her own home but she lives in the house of one of her daughters.

Luz has been selling vegetables and legumes for 20 years. She sells her products only on market days, and she has her own stall in a market in the area. At home she raises chickens, guinea pigs, and pigs.

This is her first loan from the communal bank and she's going to invest it in her two businesses. She's going to buy vegetables to sell, guinea pigs, and food for her animals.

Her goal is to have a place to sell food.
View original language description ↓
El banco comunal San Luís está formado por 9 socias y 3 socios quienes viven por los alrededores del cantón Paute, lugar de clima templado en donde se da una gran variedad de frutas, es un lugar propicio para la floricultura, su gente se dedica al comercio, a la venta de comida típica que encontramos a lo largo de toda su carretera, a la agricultura y cría de animales. Su gente mantiene la cultura y tradiciones de sus pueblos. Nuestras socias laboran en diferentes actividades las mismas que les permiten aportar a la economía de sus hogares y sacar adelante a sus familias.

Una de las integrantes de este grupo es la Señora Luz, vive por los alrededores del Cantón Paute, tiene 43 años, es divorciada y en su unión conyugal ha concebido 8 hijos de los cuales cuatro son independientes, tres trabajan y le ayudan en la económicamente y uno estudia en una escuelita de la localidad. No tiene casa propia pero vive en casa de su una de sus hijas.

Doña Luz se dedica a la venta de verduras y legumbres hace 20 años, vende sus productos solo los días de feria y tiene un puesto propio en un mercado de la localidad. En su casa se dedica a la cría pollos, cuyes y cerdos.

Este es su primer crédito que realiza en el banco comunal y lo va a invertir en sus dos negocios, va a comprar verduras para la venta, cuyes y alimento para sus animales.

Su meta es tener un local para vender comida.

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
  • 51
    View loans »
    Ecuador Loans Fundraising
  • $24,308,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of San Luis (Cuenca) Group's $3,025 loan helped a member to buy vegetables, guinea pigs, and food for her animals.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 5, 2011
Listed
Sep 23, 2011
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2012