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Sin Limites (Cuenca) Group
In this Group: María Rosa Amable, María Fabiola, Carmen Del Pilar, Angélica María, Cecilia Patricia, Segundo Efrain, Valeria Alexandra, Catalina Elizabeth
The 8 members of the Sin Limites community bank, 7 women and 1 man, live in different parts of Cuenca. Cuenca is a World Heritage site and the third most important city in Ecuador. Visitors also come here to enjoy the surrounding countryside and the area's famous cuisine. The people here are friendly and supportive of one another. They work hard to maintain local culture. They, like our members, also work hard to support their families and get ahead in the world.

Sra. Angelica, 30, is one of our members. She and her husband have 3 children: 9, 4, and 1, respectively. Their oldest child is a student at a local primary school. Doña Angélica's husband works for a private employer and the couple own the house where they live.

Doña Angélica works as a street vendor. She sells bedding: sheets, blankets, etc. She has operated her business for 7 years, working from Wednesdays to Saturdays, with no fixed hours.

A friend invited Doña Angélica to join the community bank. This is her first loan and she will use it to stock her business with merchandise--blankets, for example--that she will resell.

She wants to help her children study for paid careers.
View original language description ↓
El banco comunal Sin Limites esta formado por 7 socias y 1 socio quienes viven en diferentes partes de la Ciudad de Cuenca, ciudad que en Diciembre de 1999 fue nombrada como Patrimonio Cultural de la Humanidad, es la tercera ciudad más importante del país, la belleza de sus paisajes, la variedad en su gastronomía la hacen una ciudad encantadora para visitar. Su gente es amable, gentil, mantienen la cultura y tradiciones de sus pueblos como nuestras socias quienes luchan día a día en sus diferentes actividades para mejorar la económica de sus hogares y sacar adelante a sus familias.

Una de las socias de este grupo es la Señora. Angélica, tiene 30 años, es casada y en su unión conyugal ha concebido 3 hijos de 9, 4 y 1 año de edad, su primer hijo está estudiando en una escuelita de la ciudad. Su esposo labora como empleado privado, la casa en la que viven es de su propiedad.

Doña Angélica es comerciante ambulantemente, vende cobijas, cobertores, sabanas etc. labora en esta actividad hace 7 años y trabaja de miércoles a sábados sin un horario fijo.

Este es su primer crédito que realiza en el banco comunal al cual fue invitada por una amiga. Su primer crédito lo va a invertir en la compra de cobijas y cobertores para aumentar su mercadería.

Su meta es que sus hijos se superen y lleguen a ser buenos profesionales.

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
  • 33
    View loans »
    Ecuador Loans Fundraising
  • $23,448,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Sin Limites (Cuenca) Group's $2,550 loan helped a member to stock her retail business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 6, 2012
Listed
Mar 4, 2012
Currency Exchange Loss:
N/A
Ended:
Aug 15, 2012