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San José  (Montecristi) Group
In this Group: Cecilia Monserrate*, Dorys Nadesda, Johana Margarita, María Del Carmen, Karen Juliana, Otilia Mariana, Candida Mariuxi*, Bertha Francisca, Maricela Moncerrate, Teresa Auxiliadora, Verónica Cecibel, Egdita Roxana, Fanny Moncerrate, Rosa Mercedes, Glenda Mariuxi , María Eugenia, Nelly Del Jesús, Jorge Elieser*, Geoconda Isabel
* not pictured
The San José communal bank meets every fortnight in the Montecristi canton, known for its rich precolonial culture and for its handicrafts which is renowned nationally and internationally. It is the hometown of the famous Panama hats. This is a group of people who decided to come together a while ago to establish this communal bank which has helped them a lot as, using the loans that they receive from the institution, they have been able to improve their small businesses. They work in a variety of fields such as sales, handicrafts and services.

Dorys, who is 30 years old, lives in this place. She is in a common law marriage from which she has two children of 4 and 7 years old, the eldest studies at school, and the youngest in kindergarten. Her husband is a trader. Keen to earn something through her own means, and in that way help with the household expenses, she sells sheets, duvets and pillows. Her manner of selling is from door to door, and she also sells from her home where even her customers come. Dorys works three days a week and sells when she is not busy and does not work fixed days. She gives her customers loans and collects every fortnight. She buys her merchandise in Guayaquil whenever she needs to. Dorys has been working in this area for four years and it has been going very well.

She will use this loan to buy sheets, duvets and pillows. She has been in the communal bank for eight loan cycles and she likes it because of the assistance that it gives her. Her dream is to give her children the best

The three small photos are of three members who were unable to be present when the group photo was taken.
View original language description ↓
El Banco Comunal San José se reúne cada quince días en el Cantón Montecristi, conocido por su rica cultura pre colonial y por su artesanía que es reconocida a nivel nacional e internacional. Lugar de los famosos sombreros de paja toquilla.

Este es un grupo de personas que decidieron unirse hace un tiempo atrás y formar este banco comunal, el cual les ha ayudado mucho ya que con el crédito que recibieron de la institución ellos han podido mejorar sus pequeños negocios, ellos se dedican a varias actividades como al comercio, artesanía y prestación de servicios.

En este lugar vive la señora Dorys, tiene 30 años de edad, mantiene una relación de unión libre de la cual tiene dos hijos de 7 y 4 años de edad, la mayor estudia en escuela y el menor en jardín de infantes. Su marido es comerciante.

Ella con la intención de ganar algo por su cuenta y con esto poder ayudar con los gastos del hogar se dedica a la venta de sabanas, edredones y almohadas, su forma de venta es puerta a puerta y también vende en su casa hasta donde llegan sus clientes, trabaja tres días a la semana, sale a vender en los momentos que está desocupada y no tiene días fijos, ella deja a crédito a sus clientes y cobra cada quince días. Su mercadería la va a comprar a Guayaquil cada vez que necesita. Tiene cuatro años que se dedica a esta actividad y le va muy bien.

Este crédito lo va emplear en comprar sabanas, edredones y almohadas. Está en el Banco Comunal desde hace 8 ciclos y le gusta por la ayuda que recibe del banco.

Su sueño es darles lo mejor a sus hijos.

Las tres fotos pequeñas son de tres socias que no pudieron estar presentes 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

  • $10,200
    Average annual income
  • 25
    View loans »
    Ecuador Loans Fundraising
  • $22,853,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of San José (Montecristi) Group's $6,450 loan helped a member to buy sheets, duvets and pillows.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 12, 2012
Listed
May 1, 2012
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2012