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Virgen De Lourdes  (Jipijapa) Group
In this Group: Quendy Holanda, Antonieta Elsa, María Rossana, Karina Alexandra, Patricia Maricela, Icelita Sonia*, Gloria Azucena, Marlene Judith, Mariela Godina, Justina Yolanda, Consuelo Karina
* not pictured
The village bank Virgen de Lourdes meets every 15 days in the community Joa del Canton Jipijapa. This part of the canton is known for lush vegetation and for being close to the beaches of Puerto Callo. The majority of the inhabitants are farmers and merchants.

This group decided to come together and form the bank that has been of great help to them in the 5 cycles that they've gone through. They feel like they've benefited a lot from the loans they received.

Here we meet Quendy, 34, who is married and has two children, ages 14 and 11. The kids are both in school. Her husband is a farmer.

With the goal of earning some extra money and helping her husband with their household expenses and their children's education, three years ago she and her mother-in-law started a business buying and selling sausages. She says that her mother-in-law has a car and three times a week they get products sent from Cuenca that they then deliver to small merchants or stores in the area. She tells us that it's going well because they are the only ones delivering these products in their community.

This loan will be used to buy sausages for resale. She's been through 5 cycles and is the president of the village bank. She likes it for the help and benefits that she receives from the bank. Her dream is to have a refrigerated car.
View original language description ↓
EL Banco Comunal Virgen De Lourdes se reúne cada quince días en la comuna Joa del Cantón Jipijapa, esta parte de este cantón se lo conoce por su vasta vegetación y por estar muy cercana a las playas de Puerto Callo.

Este es un grupo de personas que decidieron unirse y formar este Banco Comunal que les ha servido de mucho en todo este tiempo, ellos llevan 5 ciclos y se sienten muy beneficiados con los créditos recibidos. La mayoría de los habitantes se dedican a la agricultura y al comercio en general.

En este lugar conocimos a la señora Quendy, tiene 34 años de edad, está casada y de esta relación tienen dos hijos de 14 y de 11 años de edad, ambos estudian en colegio y escuela. Su esposo se dedica a la agricultura.

Ella con la finalidad de ganar algo extra y con esto poder ayudar a su esposo con los gastos que genera el hogar y la educación de sus hijos, hace tres años en sociedad con su suegro pusieron un negocio de compra y venta de embutidos, nos cuenta nuestra amiga que como su suegro tiene un carro ellos tres veces por semana reciben estos productos que se los envían desde Cuenca y luego los llevan a entregar a comerciantes minoristas o tiendas de la localidad. Nos cuenta que les va muy bien ya que son los únicos que entregan estos productos por su comuna.

Este crédito lo va a emplear para comprar embutidos para la venta. Lleva 5 ciclos, es la presidenta del Banco Comunal y le gusta por la ayuda y beneficios que recibe del banco.

Su sueño es tener un carro frigorífico.

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
  • 17
    View loans »
    Ecuador Loans Fundraising
  • $22,854,475
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Virgen De Lourdes (Jipijapa) Group's $2,750 loan helped a member to buy sausages.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 23, 2012
Listed
May 7, 2012
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2012