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Nueva Generación (Cuenca) Group
In this Group: Luordes Catalina, Claudia Silvana*, Karla Valeria, María Isolina, Janeth Rocio, Digna Soledad, Jorge Andres
* not pictured
The communal bank Nueva Generación is comprised of six women and one man who live in different places in the city of Cuena, which is known as the “Athens of Ecuador”. It is the cultural capital of the country and has been a World Heritage Site since December of 1999. This city has a rich and diverse culinary scene, capturing local and international flavors. Our members, like all the people here, are friendly and polite, and they maintain the traditions of their villages.

One member of the group is Janneth. She is 37 and is married. She has two daughters aged 9 and 6 who attend school in the city. She is also happy because she is currently 5 months pregnant. Her husband works in a factory. They don’t have their own home, so they rent a house.

Janneth sells clothes, makeup, perfume and Tupperware. She has been doing this for 5 years. She works from Tuesday through Saturday, and sometimes customers visit her in her home.

She was been with the communal bank for 4 years, and she will invest the proceeds from this loan in clothes, cosmetics and Tupperware items so she can have a greater variety of products.

Her goal is to have enough capital for her business.

The small photo in the corner of the larger one is of a member who for personal reasons could not be present when the group photo was taken.
View original language description ↓
El banco comunal Nueva Generación está formado por 6 socias y 1 socio quienes viven en diferentes lugares de la ciudad de Cuenca conocida como la "Atenas del Ecuador", la ciudad cultural del país, es Patrimonio Cultural de la Humanidad desde Diciembre de 1999. Esta ciudad tiene una gran variedad en su gastronomía cautivando los paladares de propios y extraños. Nuestras socias al igual que toda su gente son personas amables, gentiles y mantiene la cultura y tradiciones de sus pueblos.

Una de las socias de este grupo es la Señora. Janneth, tiene 37 años, es casada y en su unión conyugal ha concebido 2 hijas de 9 y 6 años de edad que estudian en una escuelita de la ciudad, ella está muy contenta ya que se encuentra embarazada de 5 meses. Su esposo labora como obrero, no tienen casa propia por lo que viven arrendando.

Doña Janneth se dedica al comercio, vende ropa, maquillajes, perfumes y también vende plásticos (tupperrware), actividad que la desempeña hace 5 años, trabaja en sus tiempos libres de lunes a sábados, hay veces que sus clientes la visitan en su casa.

Se encuentra 4 años en el banco comunal y su nuevo crédito lo va a invertir en la compra de ropa, cosméticos y artículos de plástico de Tupperrware para tener más variedad en sus productos.

Su meta es tener un capital propio para su negocio.

La foto pequeña adjunta es de una socia que por motivos personales 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

  • $10,600
    Average annual income
  • 51
    View loans »
    Ecuador Loans Fundraising
  • $24,303,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Nueva Generación (Cuenca) Group's $1,875 loan helped a member to buy clothes, cosmetics, perfume and Tupperware items.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 16, 2012
Listed
Jan 30, 2012
Currency Exchange Loss:
N/A
Ended:
Jul 15, 2012