Check out some available loans that are similar to this one!
El Paraiso  (Cuenca) Group
In this Group: Ana Maruja, Sandra Isabel, Julia Luzmila, Rosa Cecilia, María Gudelia, Lilia Soledad, Ma Dolores, Cesar Herminio, Pilar Amparito*, Luis Angel, Carmita De Lourdes, Rosa Isabel, María Magdalena, Teresa Isabel, Martha Ximena, María Julia
* not pictured
The El Paraíso Communal Bank [Paradise Communal Bank] consists of fourteen women and two men who live in different parts of the Cumbe parish in Cuenca, a place with a cold climate which has many places worth visiting to enjoy the region’s natural peace and tranquility. The people of Cuenca, like the communal bank’s members, raise animals and work in agriculture and commerce. Many work in the city, performing different jobs, and all are very warm-hearted, friendly, courteous, who always keep their traditions and culture alive.

One of the members of the El Paraíso group is Rosa Cecilia, who is twenty-seven years old and a single mother who cares for her four year old son. She lives in a house which she owns.

Rosa Cecilia takes care of her duties in the house and raises hogs, chickens, and guinea pigs, which she sells in her community. Additionally, she works twice a week cleaning houses.

She is requesting her fifth loan with the communal bank, and she will invest it by purchasing hogs, chickens, and guinea pigs, as well as feed for them.

Her dream is to travel and see the world.
View original language description ↓
El banco comunal El Paraíso está formado por 14 socias y 2 socios quienes viven en diferentes sectores de la parroquia de Cumbe en Cuenca, este lugar es de clima frió, tiene varios lugares para visitar y sentir la paz y tranquilidad de la naturaleza. Su gente al igual que nuestras socias se dedican a la cría de animales, agricultura y comercio, muchos laboran en la ciudad ejerciendo diferentes actividades económicas, son personas de un corazón muy cálido, amables, gentiles y siempre mantienen vivo sus tradiciones y cultura.

Una de las socias de este grupo es la Señorita. Rosa Cecilia, tiene 27 años de edad, es madre soltera de un niño de 4 años de edad. Vive en una casa que es de su propiedad.

La Señorita. Rosa Cecilia se dedica a los quehaceres de su hogar y a la cría de cerdos, pollos y cuyes a los que los vende en su comunidad. También dos veces por semana trabaja en el arreglo de casas.

Se encuentra en su quinto crédito que realiza en el banco comunal y lo va a invertir en la compra de cerdos, pollos, cuyes y en el alimento para los mismos.

Su sueño es de viajar y conocer varios lugares del mundo.

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
  • 14
    View loans »
    Ecuador Loans Fundraising
  • $22,842,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of El Paraiso (Cuenca) Group's $4,900 loan helped a member to purchase hogs, chickens, and guinea pigs, as well as feed for them.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 5, 2012
Listed
Apr 28, 2012
Currency Exchange Loss:
N/A
Ended:
Oct 15, 2012