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Racar Bajo (Cuenca) Group
In this Group: Zoila Paulina, Delia Elizabeth, Julio Santiago, Milton Patricio , Mayra Liliana, Segundo Gerardo, Aida María, Guadalupe Del Rocio
The Racar Bajo communal bank has five female and three male members who work making bricks and tiles. They have learned this artisanal job from their parents and now they continue with this work so as not to abandon this traditional job. They live in the community of Racar in Cuenca. This place is known for the beauty of its landscapes and its warm and friendly people who work in the art of making bricks and tiles. Many also work in the city in various activities.

One of the members of this group is Aída. She is 46 years old and in her marriage she has had five children, ages, 28, 23, 20, 17, and 14. Her oldest child is married and independent. Her second child studies in the university. Her third child studies in a beauty academy. Her four child works and studies in a distance high school. And her youngest child studies in a school in the city. Her husband is not in the country; he has migrated in search of a better job to be able to get his family ahead. The house in which she lives is her own property.

Aída works making bricks and tiles. She has been doing this work for 30 years, having learned it from her parents. In her home they work raising chickens, guinea pigs, and pigs. She also works in agriculture; what she grows is only for her consumption.

She's going to use the money from her loan to buy clay to continue with her brick and tile factory.

Her objective is to grow in her brick factory.
View original language description ↓
El banco comunal Racar Bajo está formado por 5 socias y 3 socios quienes se dedican a la elaboración de ladrillos y tejas, este trabajo artesanal lo han aprendido de sus padres y ahora ellos continúan con esta actividad para no dejar este trabajo tradicional. Viven en la comunidad de Racar en Cuenca, este lugar se caracteriza por la belleza de sus paisajes, su gente es muy cálida y amable, se dedican a la artesanía que es la elaboración de ladrillos y tejas, muchos tambien laboran en la ciudad en diferentes actividades.

Una de las socias de este grupo es la Señora. Aída, tiene 46 años, es casada y en su unión conyugal ha concebido 5 hijos de 28, 23, 20, 17, 14 años de edad, su primera hija es casada e independiente, su segundo hijo estudia en la universidad, su tercera hija estudia en una academia de belleza, su cuarto hijo trabaja y estudia en un colegio a distancia y su ultima hija estudia en un colegio de la ciudad. Su esposo no se encuentra en el país ha migrado en busca de un mejor trabajo para poder sacar adelante a su familia. La casa en la que habita es de su propiedad.

Doña Aída se dedica a la fabricación de ladrillos y tejas, esta actividad la realiza hace 30 años, aprendiendo esta actividad de sus padres. En su casa se dedican a la cría de pollos, cuyes y cerdos y también se dedica a la agricultura, lo que siembra es sola para su consumo.

El dinero de su crédito lo va a invertir en la compra de arcilla para continuar con su fábrica de ladrillos y tejas.

Su meta es crecer en su fábrica de ladrillos.


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
  • 15
    View loans »
    Ecuador Loans Fundraising
  • $22,541,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Racar Bajo (Cuenca) Group's $1,875 loan helped a member to buy clay.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 20, 2011
Listed
Nov 6, 2011
Currency Exchange Loss:
N/A
Ended:
May 15, 2012