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Sector 3 Esquinas (Cuenca) Group
In this Group: Sonia María, Janeth Lucia, Rosita Mercedes, Rosa Mercedes, Julia Lucrecia, María Etelvina De Jesús, Julia Imelda
The communal bank Sector 3 Esquinas is made up of seven female members who work in the field. They inherited this work from their parents and it now allows them to contribute to the finances of their home. They also maintain the culture and traditions of their ancestors and are characterized by being kind people with a warm heart. They live in the neighboring communities of the canton of Nabon (Cuenca). This area has a cold climate and its people make a living farming, raising animals, and its young people work in the city of Cuena doing different kinds of work.

One of the members of this group is Rosita Mercedes. She is 36 years old and married, and as a fruit of her married life, she has conceived 4 children of the ages 13, 11, 9, and 5. Her first two children study in secondary school and her last two children in primary school. Her husband works as a bricklayer and the home in which they live is their own.

Mrs. Rosita Mercedes makes a living taking care of her children and as she is home she raises and sells animals like chicken, sheep, and guinea pigs. She also works her land where she plants vegetables and greens which she sells in her community or in the market.

This is her first loan with the communal bank and she will invest it in the purchase of guinea pigs and chicken.

Her goal is to have a large chicken farm to sell in the poultry stores of the city.
View original language description ↓
El banco comunal Sector 3 Esquinas está formado por siete socias quienes trabajan en actividades del campo, trabajos que heredaron de sus padres y ahora les permiten aportar a la economía de sus hogares, también mantienen la cultura y tradiciones de sus ancestros y se caracterizan por ser personas amables y de un corazón muy cálido. Viven por comunidades aledañas al cantón de Nabon (Cuenca), este lugar es de clima frió, su gente se dedica a la agricultura, cría de animales, su gente joven laboran en la ciudad de Cuenca en diferente plazas de trabajo.

Una de las socias de este grupo es la Señora. Rosita Mercedes, tiene 36 años, es casada y fruto de su unión conyugal ha concebido 4 hijos de 13, 11, 9 y 5 años de edad, sus dos primeros hijos estudian en colegio y sus dos últimos hijos en la escuela. Su esposo labora como albañil, la casa en la que habitan es de su propiedad.

Doña Rosita Mercedes se dedica al cuidado de sus hijos y como pasa en casa cría y vende animales como gallinas, borregos y cuyes. También trabaja labrando sus terrenos en donde siembra hortalizas y verduras a las que las vende en su comunidad o en el mercado.

Este es su primer crédito que realiza en el banco comunal y lo va a invertir en la compra de cuyes y pollos.

Su meta es tener un criadero de pollos grande para vender en las pollerías de la ciudad

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
  • $24,312,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Sector 3 Esquinas (Cuenca) Group's $2,000 loan helped a member to buy guinea pigs and chicken.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 19, 2011
Listed
Oct 27, 2011
Currency Exchange Loss:
N/A
Ended:
May 15, 2012