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Nuevos Emprendedores (Cuenca) Group
In this Group: Ana Lucia, Zoila Rosa, Miguel Angel, Gerardo María, Ximnena Beatriz*, Diego Fernando, Adrian Marcelo
* not pictured
The Nuevos Emprendedores communal bank is comprised of four men and three women. They work at different business activities. These businesses allow them to pay for the household expenses and to get ahead with their families. They live in the city of Cuenca, which is the country’s third most important city. The city is known for the four rivers that bathe it, the beautiful scenery, its nature, and for the culture and traditions of its residents who are characteristically kind and cordial.

Zoila, age 55, is one of the members of this group. She is married and has five children who are all adults. Two of them are married and live independently. Two are single, work, and help her financially. Her last child goes to the city’s university. Her husband is a driver, and he works providing taxi service in his own vehicle. The house they live in is their own.

Zoila devotes herself to the household chores. As she spends most of her time at home, she cares for her grandchildren.

This is her second loan in her communal bank. She will use it to buy provisions for her home.

Her dream is to buy a piece of land.
View original language description ↓
El banco comunal Nuevos Emprendedores está conformado por 4 socios y 3 socias quienes laboran en diferentes actividades, las mismas que les permiten solventar los gastos de sus hogares y salir en adelante con sus familias. Viven en la ciudad de Cuenca, esta ciudad es la tercera ciudad de mayor importancia del país, se caracteriza por sus cuatro ríos que la bañan, por la belleza de sus paisajes, por su naturaleza, y por la cultura y tradiciones de su gente quienes son personas cálidas y amables.

Una de las socias de este grupo es la Señora. Zoila, tiene 55 años, es casada y fruto de su unión conyugal ha concebido 5 hijos quienes son todos mayores de edad, 2 son casados y viven independientes, dos son solteros, trabajan y le ayudan económicamente, y último hijo estudia en una universidad de la ciudad. Su esposo es de profesión chofer y labora prestando sus servicios en una unidad de taxi que es propio, la casa en la que vive es de su propiedad.

Doña Zoila se dedica a los quehaceres de su hogar y como pasa la mayor parte de su tiempo en su casa se encarga del cuidado de sus nietos.

Se encuentra en su segundo crédito que realiza en el banco comunal y lo va a invertir en la compra de víveres para su hogar.

Su sueño es comprarse un terreno.


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
  • 97
    View loans »
    Ecuador Loans Fundraising
  • $24,153,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Nuevos Emprendedores (Cuenca) Group's $1,100 loan helped a member to buy provisions.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 20, 2011
Listed
Jan 11, 2012
Currency Exchange Loss:
N/A
Ended:
Jun 16, 2012