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Segunda's Group
In this Group: Segunda Hermelinda , Lidia , Jamie
Segunda is 49 years old, married and the mother of six children who range in age from 11 to 24 years old. For the last 20 years, she has earned a living by raising and selling farm animals. She works with her husband and is applying for this first loan to buy some pigs to raise, something which she hopes will increase her income. In the future, she hopes to earn enough money to buy a plot of land nearby where her children can build their own home. Segunda is standing in front of the group, in the stripped sweater.

Additional Information

About VisionFund Ecuador

VisionFund Ecuador is a microenterprise development fund that supports groups of entrepreneurs who lack access to formal financial systems. The organization works with vulnerable populations, especially women, in the marginalized urban and rural sectors of Ecuador. Its clients work in a variety of sectors including agriculture, artisan crafts and the commercial and service sectors. Kiva lenders’ funds are used to expand the organization’s services to the poor living in more rural parts of Ecuador.

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
  • 81
    View loans »
    Ecuador Loans Fundraising
  • $25,019,100
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Segunda's Group's $1,000 loan helped a member to buy pigs.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
At end of term
Feb 17, 2012
Feb 14, 2012
Currency Exchange Loss:
Jul 2, 2013