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Union Trabajo Y Desarrollo (Rocafuerte) Group
In this Group: Carolina Elizabeth, Doris Araceli, Eloisa Margarita, Gina Elisenia, Belgica María, María De Los Santos, Hugelina María Del Socorro, Fátima Marilú*, Beriver Jacqueline, Nieve María, Karina Elizabeth, Ramón Agustín, María Corina, Glevis Azucena, Juana Elizabeth
* not pictured
The communal bank "Unión Trabajo y Desarrollo" meets every two weeks in the city of Rocafuerte which belongs to the province of Manabí. This place is known for its wide variety of sweets that are famous nationally for their delicious flavor. The group is comprised of 14 women and one man who decided to get together to set up the communal bank. It has been of great help to them since their loans have improved their small businesses and lives in general. They are involved in different business activities such as agriculture, commerce, services and other activities.

One of the members of the group is Mrs. Carolina, 28, who has a common-law husband and two children, ages 7 and 1. The eldest is in school. Her husband is a retro-excavating machine operator.

Together with her mother she runs a restaurant in the city and works every day from 5:00 a.m. to 7:00 p.m. She serves breakfast, lunch and afternoon snacks. She says she has many customers wanting to taste her delicious dishes every day, the most popular of which is her shrimp and fish viche which is the typical dish of the province and very appetizing. She has been in business for over five years and it is going very well because of the many customers who prefer her cuisine.

This loan will be used to buy food ingredients. She has been in the communal bank since its inception and is the president. She likes how quick it is to obtain a loan.

Her goals are to continue getting ahead in her business and to give her children the best she can.
View original language description ↓
EL Banco Comunal Unión Trabajo y Desarrollo se reúne cada quince días en un la ciudad de Rocafuerte perteneciente a la Provincia de Manabí, lugar conocido por la gran variedad de dulces que se preparan en este lugar y que son reconocidos a nivel nacional por su delicioso sabor.
Este es un grupo de 14 socias y 1 socio que decidieron unirse hace tiempo atrás y formar este Grupo De Crédito que les ha servido de mucho ya que con los créditos, ellos han mejorado sus pequeños negocios y su vida en general. Ellos se dedican a diversas actividades tales como agricultura, comercio, servicios, entre otras actividades.

Una de las socias de este grupo es la señora Carolina, tiene 28 años de edad y mantiene una relación de unión libre de la cual tiene dos hijos de 7 y 1 años, el mayor estudian en escuela. El marido es operador de una máquina retroexcavadora.

Ella en sociedad con su mamá tienen un restaurante en la localidad, trabajan todos los días desde las 5h00 y hasta las 19h00, preparan desayunos, almuerzos y meriendas, nos cuenta que hasta su local día a día llegan muchos clientes a servirse sus deliciosos platos, nos dice que el plato que más le piden sus clientes es el viche de camarón y pescado que es un plato típico de nuestra provincia y muy apetecido, llevan en este negocio por más de 5 años y les va muy bien ya que tienen muchos clientes que las prefieren por su sazón.

Este crédito es para comprar víveres para preparar los alimentos. Esta desde el inicio en el Banco Comunal, es la presidenta del mismo y le gusta la rapidez para conseguir los créditos.

Sus metas son seguir adelante en su negocio y darles lo mejor a sus hijos.

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
  • 58
    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 Union Trabajo Y Desarrollo (Rocafuerte) Group's $4,300 loan helped a member to buy food ingredients.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 27, 2011
Listed
Jan 11, 2012
Currency Exchange Loss:
N/A
Ended:
Jun 15, 2012