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Lasso El Vergel Group
In this Group: Gladys Elizabeth, María, Blanca, María
The solidarity group Lasso El Vergel is formed by four people that have the same purpose, which is to triumph in life and get their families ahead. In this group the president is Gladys because she is a responsible, hard-working person with big aspirations in life. Gladys is widowed and lives alone with her two children in the city of Latacunga in the province of Latacunga.

Gladys works alone in the rearing and sale of pigs. This business is the only source of economic income that her family has and with this she has to maintain all of her home expenses, like food, schooling of her children, etc. It is the first loan that she is carrying out with Fodemi, which will be used to buy feed for the pigs, and to buy young pigs to rear and later reproduce and sell, which will help to improve her income and her quality of life.

In the photo Gladys is the woman with the purple sack.
View original language description ↓
El Grupo Solidario Lasso El Vergel está conformado por cuatro personas que tienen un mismo fin que es el de triunfar en la vida y sacar adelante a sus familias. En este grupo la presidenta es Gladys debido a que es una persona responsable, trabajadora y con grandes aspiraciones en la vida, Gladys es viuda, vive solo con sus dos hijos en la ciudad de Latacunga en la Provincia de Latacunga.

Gladys trabaja sola en la crianza y venta de cerdos, este negocio es la única fuente de ingresos económicos que tiene su familia y con esto tiene que sustentar todos los gastos de su hogar como alimentación,estudios de sus hijos etc. Es el primer crédito que realiza en Fodemi el mismo que va a ser utilizado en la compra de balanceado para alimentación de los cerdos y para la compra de crías de cerdos para su crianza y posteriormente para reproducción y venta, que ayudará a mejorar sus ingresos y su calidad de vida.

En la fotografía Gladys es la señora de saco lila.

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
  • 42
    View loans »
    Ecuador Loans Fundraising
  • $23,096,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Lasso El Vergel Group's $1,600 loan helped a member to buy young pigs to raise and later for reproduction and sale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 20, 2012
Listed
Apr 25, 2012
Currency Exchange Loss:
N/A
Ended:
Oct 15, 2012