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Azogueñitas (Azogues) Group
In this Group: María Transito, Blanca Rosario, Bertha Maruja, Luz Mercedes, Nube De Jesús*, Mercy Catalina, María Dolores, Martha Beatriz, María Luz
* not pictured
The Azogueñitas community bank has nine members who live in different parts of the city of Azogues which is known as the 'Obrera del Sur' (Worker of the South). Azogues is a small city whose architecture has been preserved through time. The local people farm, raise animals and make handicrafts. They maintain the culture and traditions of their ancestors. The members of this bank are kind women who work in different business activities which allow them to improve their household finances and provide for their children.

One of the members of this group is María Transito who is 50 years old, married, and has five children from her marriage who are 30, 24, 22, 16 and 11 years old. Her third child is studying at university, her fourth is in high school and her youngest is attending elementary school in the city. Her husband is a salesman and the house in which they live is their own,

María Transito has been a saleswoman for 20 years. She travels to different parts of the country to buy merchandise such as clothing, footwear, pottery, etc. which she later sells in her city. She also has a store where she works from Sunday to Sunday. She does not work fixed hours. In her free time she farms.

María is a founding member of her community bank and she will invest her new loan in buying clothing and shoes for her business. Her goal is to turn her store into a mini-market.

n.b. The small photo is of a member who wasn't able to be present when the group photo was taken.
View original language description ↓
El banco comunal Azogueñitas está formado por 9 socias quienes viven en diferentes lugares de la ciudad de Azogues, conocida como la “Obrera del Sur”, Azogues es una ciudad pequeña con una arquitectura que se ha conservado a través de los tiempos, su gente basa su economía en la actividad agraria, cría de animales y en la artesanía, mantienen la cultura y tradiciones de sus pueblos. Las socias son mujeres amables, gentiles que laboran en diferentes actividades económicas las que les permiten mejorar la economía de sus hogares y sacar adelante a familias.

Una de las socias de este grupo es la Señora. María Transito, tiene 50 años, es casada y en su unión conyugal ha concebido 5 hijos de 30, 24, 22, 16 y 11 años de edad, su tercer hijo está estudiando en la universidad, su cuarto hijo está en el colegio y su ultimo hijo se encuentra en una escuelita de la ciudad. Su esposo es comerciante, la casa en la que viven es de su propiedad.

Doña María Transito es comerciante hace 20 años, ella viaja a diferentes lugares del país a comprar mercadería como ropa, calzado, cerámicas etc. que vende luego en su ciudad, también tiene una tienda en la cual labora de domingo a domingo sin un horario fijo. En su tiempo libre se dedica en la agricultura.

Es socia fundadora del banco comunal y su nuevo crédito lo va a invertir en la compra de ropa y zapatos para su negocio.

Su meta es convertir su tienda en un mini mercado.

La foto pequeña adjunta es de una socia 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
  • 103
    View loans »
    Ecuador Loans Fundraising
  • $24,223,100
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Azogueñitas (Azogues) Group's $3,650 loan helped a member to buy clothing and shoes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 7, 2012
Listed
Mar 6, 2012
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2012