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Mulay De Curiquinga (Cuenca) Group
In this Group: María Sandra , María Eulalia, Teresa De Jesús, Janneth María, Narcisa Jesús, María Consolación, Patricia Piedad, María Eugenia, Rosa Aurora, Blanca Arcelia
The communal bank Maluay de Curiquinga is made up of 10 hard-working women looking for a way to get ahead in their jobs. They work in different activities, the same ones that allow them to contribute to their household finances and provide for their families. The live on the outskirts of the Valle en Cuenca parish. This parish is known for its natural beauty where one can enjoy peaceful moments away from the noise of the city. The people work as merchants, raise animals, work in agriculture and many work in different lines of work in the city. They maintain the traditions and culture of their people.

One of the members of this group is Señora Particia. She is 40 years old, lives in a common law marriage and has 2 children, ages 3 and 2. Her husband works in construction as a mason. They don't own their own house, so they rent. Doña Patricia is dedicated to the household chores and to caring for the children as they are still young. She also works in agriculture and washes clothes for others when they call her.

This is her third loan with her communal bank and she will use it to buy groceries for her household.

Her dream is to have her own house.
View original language description ↓
El banco comunal Maluay de Curiquinga está formado por 10 mujeres, luchadoras, trabajadoras que buscan la manera de salir adelante con su trabajo, laboran en diferentes actividades las mismas que le permiten aportar a la economía de sus hogares y sacar en adelante a sus familias. Viven por los alrededores de la parroquia del Valle en Cuenca, esta parroquia se caracteriza por la belleza de su naturaleza en donde se puede disfrutar de momentos de paz fuera del ruido de la ciudad. Su gente se dedica al comercio, cría de animales y a la agricultura, muchos laboran en la ciudad en diferentes áreas de trabajo, mantienen las tradiciones y cultura de sus pueblos.

Una de las socias de este grupo es la Señora. Patricia, tiene 40 años, vive en unión libre y ha concebido 2 hijos de 3 y 2 años de edad, su esposo labora en la construcción trabajando como albañil, no tienen casa propia por lo que vive arrendando.

Doña Patricia se dedica a los quehaceres de su hogar y al cuidado de sus hijos ya que aun son pequeños, también labora en la agricultura y lava ropa ajena cuando le llaman para que realice estas actividades.

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

Su sueño es tener su casa propia.

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
  • 38
    View loans »
    Ecuador Loans Fundraising
  • $23,216,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Mulay De Curiquinga (Cuenca) Group's $3,700 loan helped a member purchase groceries.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 26, 2011
Listed
Jan 14, 2012
Currency Exchange Loss:
N/A
Ended:
Jul 15, 2012