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Bloques De San Marcos (Portoviejo) Group
In this Group: María Graciela*, Josselyn Andrea, Esther Guillermina, Jessenia Del Jesús, Angela Celinda, Angela Gissela, Nixi Soveida, Fatima Del Jesús, Jahaira Amparo, Flor María, Cruz María*, Miguel Antonio
* not pictured
In the "Municipal" neighbourhood of the city of Portoviejo, eleven women and one man meet every 15 days as the "Bloques De San Marcos" group of borrowers. The group members pursue a range of economic activities, including sales and service occupations. To make the most of the benefits offered by the institution, they decided to unite to be able to access the credit available through [the field partner] Fundación Espoir. This is the group's first loan cycle and they hope to complete it successfully to continue to access the benefits of belonging to the institution.

Here we meet Don Miguel. He is 36 years old and, though they are separated now, he and his wife have five children, aged 17, 12, 6, 3 and 2 years old. Three of the children live with him, with two studying at primary school and one at secondary school. To earn his living he sells food, such as barbequed steak, pork chops, roast plantains and a delicious vegetable salad which his customers love. He sells these delicious dishes from a cart all over the city, working 5 hours every afternoon from 2pm till 7pm. In this way he has been able to bring up his children. This loan is to buy beef, pork, vegetables, plantains and other items necessary for his business. His dreams are to continue developing and one day to have a fixed location to sell his produce.

The little photo inset is one of the group members, who was unwell and could not attend on the day the group photo was taken.
View original language description ↓
En la ciudadela Municipal de la ciudad de Portoviejo se reúnen cada quince días las 11 socias y 1 socio del Grupo De Crédito Bloques De San Marcos. Los mismos que se dedican a diversas actividades tales como comercio en general, prestación de servicios entre otras actividades. Ellos hace poco y al conocer de los beneficios que brinda la institución decidieron unirse para poder acceder a los créditos que brinda La Fundación Espoir, este es su primer ciclo en el Banco Comunal y esperan cumplir muy bien para seguir recibiendo los beneficios que da la institución.

En este lugar conocimos a don Miguel, tiene 36 años de edad, está separado, pero de esa relación tienen cinco hijos de 17, 12, 6, 3 y 2 años de edad, tres de ellos viven con él y estudian dos en colegio y uno en escuela.

Ella para ganarse el sustento diario se dedica a la venta de comida como carne asada, cueritos de chancho asados, acompañados de plátano asado y de una deliciosa ensalada de legumbres, lo cual es muy solicitado por los clientes de la localidad, nos cuenta que él se desplaza en una carreta por toda la ciudad vendiendo este delicioso plato, trabaja todos los días en las tardes desde las 14h00 hasta las 19h00, lleva 5 años realizando esta actividad y es así como ha podido sacar adelante a sus hijos.

Este crédito es para comprar carne de res, carne de chancho, legumbres, plátano y varias cosas necesarias en su negocio.

Sus sueños son salir adelante y algún dia tener un local para vender sus productos.

La foto pequeña adjunta es de una socia que por motivos de salud no pudo estar presente 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

  • $10,200
    Average annual income
  • 35
    View loans »
    Ecuador Loans Fundraising
  • $23,090,225
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Bloques De San Marcos (Portoviejo) Group's $3,750 loan helped a member to buy beef, pork, vegetables, plantains etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 20, 2011
Listed
Dec 24, 2011
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2013