Check out some available loans that are similar to this one!
Imbaya's Group
In this Group: Silvana Patricia, Gloria Isabel, Edgar Alberto, Alexandra Patricia
"Imaya's Group" is a communal bank that includes 4 people who are responsible in their work. The president of this group is the girl dressed in blue lycra leggings. Her name is Silvana. She is president because she is a disciplined person with a strong character, and she likes to get ahead. Silvana lives with her parents and her two children in Imbaya, which is 15 minutes from Ibarra in the province of Imbabura.

Silvana works alone raising chickens to fatten and later sell. This business helps her financially to support her household, because this is the only income that she has. For this reason, she needs to constantly buy animals to raise so that she has work. She is taking her first loan with Fodemi, and her goal is to buy chickens to raise and fatten. This will help her to continue with her business, so that she can continue to make sales.

Silvana dreams of becoming a wholesale distributor of chickens.
View original language description ↓
Imaya's Group es una sociedad de cuatro personas responsables en su trabajo, en esta sociedad la presidenta es la chica de licra celeste se llama Silvana es presidenta debido a que es una persona estricta, de caracter fuerte, que le gusta salir adelante, Silvana vive con sus paás y sus dos hijos en Imbaya que se encuentra a 15 minutos de Ibarra en la Provincia de Imbabura.

Silvana trabaja sola en la crianza de pollos para engorde y posteriormente para venderlos, este negocio le ayuda económicamente para mantener a su hogar, ya que es el único ingreso que tiene es por eso que tiene que comprar crías constantemente para no quedarse sin animalitos, realiza su primer crédito con Fodemi con el propósito de comprar pollos para crianza y engorde, que ayudarán a que siga en el negocio y que siga vendiendo.

Silvana sueña con ser una distribuidora mayorista de Pollos.

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

  • $10,200
    Average annual income
  • 66
    View loans »
    Ecuador Loans Fundraising
  • $23,510,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Imbaya's Group's $1,500 loan helped a member to buy chickens to raise and fatten.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 7, 2012
Listed
Mar 29, 2012
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2013