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Nuevas Amigas (Cuenca) Group
In this Group: María Natalia, María Leonor, Verónica Adriana, Ana Catalina, María Gladys, Diana Mayra, Blanca Azucena
The communal bank Nuevas Amigas consists of 7 women who are responsible, hardworking, charismatic and happy women. They live in different parts of the city of Cuenca. This city has been a cultural heritage site since 1999. It has a beautiful historical city centre which tells of the city's history, culture and traditions. The people are very warm and friendly, as are our members who struggle daily to improve their economic situation and take care of their families.

One of the members of this group is Señora Ana. She lives in a community that belongs to the parish of Baños (Cuenca). She is 25 years old, married and has an 8 month old baby. Her husband is a driver by profession and works offering his services for sightseeing tours. They do not own their own house and so rent.

Doña Ana breeds and sells animals such as pigs and guinea pigs. She has been doing this work for the last 3 years. She works only on weekdays and spends the rest of the time taking care of her child and home.

She has been a member of the communal bank for 5 years and has invested her loans in growing her business. She is going to invest this loan in the purchase of pigs and guinea pigs to continue growing the business.

Her goal is to raise chickens to start in this business.

The small photos are of 3 members who for work reasons could not be present when the group photo was taken.
View original language description ↓
El banco comunal Nuevas Amigas está formado por 7 mujeres quienes son responsables, trabajadoras, carismáticas y alegres, viven en diferentes lugares de la ciudad de Cuenca, esta ciudad es patrimonio cultural de la humanidad desde 1999, tiene un hermoso centro histórico el cual revela la historia de la ciudad, la cultura y tradiciones. Su gente es muy cálida y amable, como nuestras socias quienes luchan día a día para mejorar su situación económica para salir adelante con sus familias.

Una de las socias de este grupo es la Señora Ana, vive por una comunidad que pertenece a la parroquia de Baños (Cuenca). Tiene 25 años de edad, es casada y ha concebido un bebé de 8 meses de edad. Su esposo es de profesión chofer y labora prestando sus servicios para recorridos turísticos, no tienen casa propia por lo que viven arrendando.

Doña Ana se dedica a la cría y venta de animales como cerdos y cuyes, esta actividad la desempeña hace 3 años, trabaja solo los días de feria y el resto de su tiempo lo dedica a su hijo y a su hogar.

Se encuentra en el banco comunal hace 5 años y sus créditos los ha invertido en el incremento de su negocio, este crédito lo va a invertir en la compra de cerdos y cuyes para seguir creciendo en esta labor.

Su meta es criar pollos para comenzar con este negocio.

Las fotos pequeñas son de tres socias que por motivos de trabajo no pudieron estar presentes cuando se tomó la foto del grupo.

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
  • 57
    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 Nuevas Amigas (Cuenca) Group's $2,200 loan helped a member to buy pigs and guinea pigs.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 7, 2011
Listed
Oct 21, 2011
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2012