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Las Del Río (Cuenca) Group
In this Group: María Patricia, Eva Cecilia, Martha Verónica, Ana Matilde, Lina Sandra, María Ildaura, María Eulalia, Clara Dolores, María Rosario, Dolores Escolastica
The village bank Las del Rio is made up of 10 women who are friendly, hardworking and very nice. They fight day to day to improve their economic situation at home and help their families get ahead. They live in the parish of Jadan in Cuenca. This area is surrounded by lush vegetation and the people raise animals, farm and make crafts like ropes. Many people commute daily to the city for work. They maintain the culture and traditions of their towns.

One of the members of this group is Martha, 22, who is single and lives with her parents. Her dad works as a mason and her mom is a housewife. They own their home.

She is in her third year of nursing school at the university and only works during vacations. At home she raises guinea pigs which she sells when she needs the money.

This is her fourth loan with the village bank and she will use it to buy guinea pigs and pay school expenses. Her goal is to finish her degree and be a good professional.
View original language description ↓
El banco comunal Las del Rio está formado por 10 socias quienes son personas amables, trabajadoras, y muy gentiles, quienes luchan día a día para mejorar la situación economía de sus hogares y salir adelante con sus familias. Viven por los alrededores de la parroquia de Jadan en Cuenca, este lugar se encuentra rodeado de exuberante vegetación, su gente se dedica a la cría de animales, agricultura y realizan artesanías como sogas y muchos salen diariamente a la ciudad a laborar en diferentes actividades. Mantienen la cultura, tradiciones de sus pueblos.

Una de las socias de este grupo es la Señorita. Martha, tiene 22 años de edad y es soltera, vive con sus padres, su papá labora en la albañilería y su mamá se dedica a los quehaceres del hogar. La casa donde vive es propiedad de sus padres.

Ella está estudiando en la universidad el tercer año de enfermería y solo en las vacaciones labora ejerciendo su profesión. En su casa se dedica a la cría de cuyes los cuales los vende cuando tiene alguna necesidad económica.

Se encuentra en el cuarto crédito que realiza en el banco comunal y lo va a invertir en la compra de cuyes y en los gastos de sus estudios.

Su meta es culminar su carrera y ser una buena profesional.


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
  • 96
    View loans »
    Ecuador Loans Fundraising
  • $24,122,200
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Las Del Río (Cuenca) Group's $3,575 loan helped a member to buy guinea pigs and pay for school expenses.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 23, 2012
Listed
Feb 12, 2012
Currency Exchange Loss:
N/A
Ended:
Aug 15, 2012