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San Antonio De Higuerón Afuera (Portoviejo) Group
In this Group: María Vanessa, Angela Johanna, Evelyn María*, Nelly Mercedes, Ana Maricela, Karina Elizabeth*, Geomara Libeth, Isas Augusto, María Eudocia, Ligia Mercedes, Letty Sonali, Eulalia Bernalda, Arely Rocio, Neri Yolanda, Mayra Cecilia
* not pictured
At the site called “Higuerón” in the city of Portoviejo, fourteen women and one man who make up the Communal Bank “San Antonio de Higuerón Afuera” meet every fifteen days. They engage in a variety of business activities such as general retail, providing services, and other trades. The members have discovered the benefits of the organization since they made the decision to join. They have already participated in two loan cycles with Fundación ESPOIR.


Sra. María Eudocia is a founding member of the Communal Bank. She likes the seriousness and punctuality that the organization has demonstrated when dealing with their clients. María Eudocia is 63 years old and has been widowed for several years since her life companion passed away. She has six grown children, one of whom lives with her.


To earn a living, María Eudocia raises pigs and chickens from a small farm established in her home. She buys chickens by the crate when the animals are small and raises them for a three-month period before selling them individually or by the pound to neighbors and merchants from the local markets. In the afternoons, María Eudocia also makes snacks such as empanadas, juices, and soft drinks. She takes advantage of the outskirts of town where there is a volleyball court. All of her neighbors from the town gather there in the evenings.


This loan will be used to buy feed and medicines for her chickens. María Eudocia dreams of having a larger farm and good health for herself and her loved ones.

View original language description ↓
En un sitio llamado Higuerón en la ciudad de Portoviejo cada quince días se reúnen el un socio y las catorce socias del Grupo De Crédito San Antonio de Higuerón Afuera. Los mismos que se dedican a diversas actividades tales como comercio en general, prestación de servicios entre otras actividades. Ellos al conocer de los beneficios que brinda la institución decidieron unirse hace ya 2 ciclos para poder acceder a los créditos que brinda La Fundación Espoir.

La señora María Eudocia es socia fundadora del Banco Comunal y le ha gustado la seriedad y puntualidad que hay en la institución para tratar a los clientes. Ella tiene 63 años de edad, hace varios años su compañero de toda la vida falleció, pero de esta relación tiene 6 hijos todos mayores de edad, uno de ellos viven con ella.

Ella para salir adelante se dedica a la cría de chanchos y de pollos, para lo cual tiene una pequeña granja en su casa, compra por cajas los pollos cuando están pequeños y luego los cría por espacio de tres meses, los vende en pie o por libras a los vecinos o entrega a comerciantes que llevan a los mercados locales. Ella en las tardes también se dedica a la venta de bocadillos, como empanada, jugos y gaseosas, aprovecha que en las afueras de su casa hay un acacha de vóley y allí se reúnen todas las tardes los vecinos de la localidad.

Este crédito lo va a emplear en comprar alimento y medicinas para los pollos.

Su sueño es tener una granja más grande y salud para ella y los suyos.

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
  • 59
    View loans »
    Ecuador Loans Fundraising
  • $23,522,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of San Antonio De Higuerón Afuera (Portoviejo) Group's $3,925 loan helped a member to buy feed and medicines for her chickens.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 21, 2011
Listed
Dec 29, 2011
Currency Exchange Loss:
N/A
Ended:
May 15, 2012