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Sagrado Corazón Del Junco (Bahia De Caraquez) Group
In this Group: Lucrecia Barbarita, Elba Tannia, Sara Karolina, María Nela, Silvia Moncerrate*, Merly Asunción*, Margarita Rosa, Alba Alicia, Enma Marilu, Zoila Hermencia, Carmen Bernarda, Mayra Alexandra, Rosa Ines, Candelaria Edubi, Gina Fabiola, Sonia Paula, Jazmina Auxiliadora*, Belen Rosario*, Amparo Jacqueline, María Antonia, Patricia Domitila, Sonia Patricia, Sonia Rocio*, María Victoria, Paula Liliana, Maritza Magdalena
* not pictured
Every two weeks, the 26 members of the 'Sagrado Corazón del Junco' community bank meet in El Junco, in the city of Bahía de Caraquez, in Manabí province. The group's members mainly work in farming and livestock raising. Two years ago they decided to come together so that they could access loans from Fundación Espoir. They have used these loans to improve their financial situation.

One of the members of this group is Sonia. She is 40 years old, married, and has three children who are 16, 13 and 4 years old. Her two oldest children are in high school. Her husband is a farmer.

Sonia and her husband both farm. During the winter season they grow corn, peanuts and certain vegetables. They also grow passion fruit year round as these are long-cycle crops. Right now they are focusing on their corn and peanut crops as they require the most protection from pests. They have requested this loan to buy insecticides and fertilizers so that they can enjoy a better production. They work from Monday to Friday, from 7.00am to 3.00pm. In the summer they focus more on producing passion fruit which they pick and then deliver to different markets in the city.

This loan will be used to buy fertilizers and insecticides. Sonia has been a member of her community bank from the beginning and she likes it because of the help that they have given her to make progress through loans.

Sonia's dream is to enjoy a very good production and, above all, good health.
View original language description ↓
En un sitio llamado el Junco de la ciudad de Bahía de Caraquez Provincia de Manabí, se reúne cada 15 días las 26 socias del Banco Comunal Sagrado Corazón del Junco. Las mismas que se dedican a la agricultura y cría de animales en su gran mayoría. Ellas hace dos años atrás decidieron unirse para poder acceder a los créditos que brinda La Fundación Espoir con los cuales han podido mejorar su situación económica.

Una de las socias de este grupo es la señora Sonia, tiene 40 años, está casada y de esta relación tienen tres hijos de 16, 13 y 4 años de edad, los dos mayores estudian en colegio. El marido es agricultor.

Ella junto con su esposo se dedican a la agricultura, en temporadas de invierno siembran maíz, maní y ciertas legumbres, también tienen cultivos de maracuyá, la misma que la cultivan en toda época del año por ser cultivos de ciclo largo, ellos por el momento están dedicados de lleno a los cultivos de maíz y maní ya que son los que requieren de mayor cuidado por las plagas, es por eso que han solicitado el crédito para comprar insecticidas y fertilizantes para tener una mejor producción, trabajan de lunes a viernes de 07h00 hasta las 15h00. En verano más se dedican a la producción de maracuyá las mismas que recolectan y llevan a entregar a los distintos mercados de la ciudad.

Este crédito es para comprar fertilizantes e insecticidas. Esta desde el inicio en el Banco Comunal y le gusta por la ayuda que les han dado con los créditos para salir adelante.

Su sueño es tener una muy buena producción y salud ante todo.

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
  • 15
    View loans »
    Ecuador Loans Fundraising
  • $22,607,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Sagrado Corazón Del Junco (Bahia De Caraquez) Group's $5,350 loan helped a member to buy insecticides and fertilizers.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 7, 2012
Listed
Feb 17, 2012
Currency Exchange Loss:
N/A
Ended:
Aug 15, 2012