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Cayambe Girls Group
In this Group: Daysi, Mireya, Maria Fanny
Daysi, the girl pictured wearing the black sweater, is a 22-year-old single mother of two kids, a boy and a girl. She lives in the Cayambe region of Ecuador and describes herself as a quiet and hardworking mother who always tries her best to provide for her family.

About two years ago she began buying and raising guinea pigs (called "cuys" in Ecuador). She has been doing well so far with this business, but hopes that with this, her first loan, Daysi and her partners will be able to increase their income in order to expand their small businesses and better provide for their loved ones.

Daysi and her group partners, Maria Fanny and Mireya, are pictured. Also pictured is Daysi's brother, who is not part of the group.

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
  • 58
    View loans »
    Ecuador Loans Fundraising
  • $23,551,600
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Cayambe Girls Group's $1,200 loan helped a member to buy guinea pigs to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 15, 2012
Listed
Apr 10, 2012
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2012