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Toquilleras  (Sigsig) Group
In this Group: Narcisa De Jesús, Diego Ramiro, María Luzmila, María Carmen, Julia María, Luis German, Ana Lucia, Hortencia Dolores , Elvia Yolanda, Mónica Elizabeth, Rosa Arcila
The communal bank Las Torquilleras is composed of 9 female and 2 male members. They live in the canton of Sigsig which is located in the east-central part of the province of Azuay. The climate there is good to plant apples and other fruits, and the people work making the world-renowned straw hats from toquilla (the straw used in Panama hats). They also work in animal husbandry and agriculture and they maintain their culture and traditions. Like others in the province, these members work in various economic activities that permit them to pay their household expenses. They are friendly people, kind and with very warm hearts.

One of the members of the group is Hortencia. She is 40 years old, is married and through her conjugal union has conceived four children of 19, 16, 14, and 12 years of age. Her first three children are studying in high school and her last child is in a small school in her town. Her husband works as a gardener. The house in which they live is their property.

For 20 years Hortencia has worked in making hats from toquilla straw, an activity that she learned from her parents as it was done in her house. She also raises animals such as guinea pigs, sheep, and pigs.

This is her first loan. The loan is made through the communal bank that she was invited to join by her friends and neighbors. She is going to invest her loan in the purchase of chickens.

Her goal is to have a store in her house.

The small photo is of a member who could not be present when the group photo was taken.
View original language description ↓
El banco comunal Las Toquilleras está formado por 9 socias y 2 socios, quienes viven por el cantón del Sigsig que esta ubicado en la parte centro oriental de la provincia del Azuay, su clima es propicio para la plantación de manzanas y varias frutas, su gente se dedica a la elaboración de sombreros de paja toquilla muy conocidos en el mundo, se dedican a la cría de animales, agricultura, mantienen su cultura y tradiciones como nuestras socias quienes laboran en diferentes actividades económicas las mismas que les permiten ayudar y solventar los gastos de sus hogares, se caracterizan por ser personas muy amables, gentiles y de un corazón muy cálido.

Una de las socias de este grupo es la Señora. Hortencia, tiene 40 años, es casada y fruto de su unión conyugal ha concebido 4 hijos de 19, 16, 14 y 12 años de edad, sus tres primeros hijos están estudiando en el colegio y su último hijo está en una escuelita de la localidad. Su esposo labora como jardinero, la casa en la que viven es de su propiedad.

La Señora Hortencia hace 20 años se dedica a la elaboración de sombreros de paja toquilla actividad que la aprendió de sus padres, como pasa en casa también cría animales como son cuyes, ovejas y cerdos.

Este es su primer crédito su crédito que realiza en el banco comunal al cual fue invitada por sus amigas y vecinas, su crédito lo va a invertir en la compra de pollos.

Su meta es tener una tienda en su casa.

La foto pequeña es de una socio que no pudo estar presente 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
  • 11
    View loans »
    Ecuador Loans Fundraising
  • $22,524,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Toquilleras (Sigsig) Group's $6,675 loan helped a member to buy chickens.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 9, 2012
Listed
Apr 29, 2012
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2012