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Mujeres Con Decisión (Cuenca) Group
In this Group: María Rosario, Ruth Cecilia, Jenny Susana, María Carmen, María De Lourdes, Zoila Oliva, Albertina Margarita, Erika Fernanda, María Yasmin, Rosa Balbina, Mayra Alexandra*, Ruth Esperanza
* not pictured
The communal bank "Mujeres con Decisión" [Decisive Women] is made up of 12 members who live in different parts of Cuenca, capital of the province of Azuay, which is known as the "Athens of Ecuador". Cuenca is known as a cultural city of the country since it was designated as a UNESCO World Cultural Heritage site in December of 1999. Its people are polite, kind and preserve their village traditions. Our members are hard workers, persistent, and through their labor they provide financially to support their homes.

Albertina is one of the group members. She is 42 years old, married, and had 2 children of 21 and 17 years of age. Her first son works and helps her financially. Her second son is a college student in the city. Her husband is not in the city since he has gone overseas to bring them a better standard of living. The house in which they live belongs to Albertina.

She works in an embroidery workshop from Monday to Friday part-time and spends the rest of her time as a housewife.

This is her first loan with the communal bank to which she was invited by a friend. The loan will be used to buy poultry to raise them and start her own business. Her goal is to one day own a boutique.

The small picture attached is one of the associates who was unable to be present when the group picture was taken.
View original language description ↓
El banco comunal Mujeres con Decisión está formado por 12 socias, quienes viven en diferentes lugares de la ciudad de Cuenca capital de la provincia del Azuay que es conocida como la "Atenas del Ecuador", es la ciudad cultural del país ya que fue nombrada en Diciembre de 1999 como Patrimonio Cultural de la Humanidad. Su gente es amable, gentil y mantienen las tradiciones de sus pueblos. Nuestras socias son trabajadoras, luchadoras y diariamente con sus labores aportan a la economía de sus hogares para salir adelante.

Una de las socias de este grupo es la Señora. Albertina, tiene 42 años, es casada y en su unión conyugal ha concebido 2 hijos de 21 y 17 años de edad, su primer hijo trabaja y le ayuda económicamente, su segundo hijo está estudiando en un colegio de la ciudad, su esposo no se encuentra en la ciudad ya que ha viajado al extranjero para mejorar la economía de su hogar, la casa en la que vive es de su propiedad.

Doña Albertina labora en un taller de bordado, trabaja de lunes a viernes solo medio tiempo y el resto de su tiempo se dedica a su hogar.

Este es su primer crédito que realiza en el banco comunal al cual fue invitada por una amiga, su crédito lo va a invertir en la compra de pollos para iniciar con la cría de estos animales para tener un negocio propio.

Su meta es tener una boutique.

La foto pequeña adjunta ees de una socias que 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
  • 95
    View loans »
    Ecuador Loans Fundraising
  • $24,110,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Mujeres Con Decisión (Cuenca) Group's $4,850 loan helped a member to buy poultry.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 31, 2012
Listed
Feb 20, 2012
Currency Exchange Loss:
N/A
Ended:
Jun 16, 2012