Check out other loans that are currently fundraising!
El Control  (Cuenca) Group
In this Group: Alcira Soledad, Trancito De Los Angeles , Luisa Esperanza, Claudia Eliuzabeth, Miriam Adriana, María Julia, Jaime Alfredo, Ana María, Mariana Dejesús, Carmita Del Rocio
The communal bank El Control comprises 10 members who live in a community in Turi parish in Cuenca. It is known as the viewpoint because from the highest part you can see most of the city of Cuenca. The residents raise livestock, farm, and work in businesses; many of them work in the city at various activities. Our members are kind, charming, and hardworking people, who are always seeking more household income to support their families, while maintaining their culture and traditions.

Carmita, one of the group members, lives in Punta Corral on the outskirts of Cuenca. She is 41 years old, married, and has 8 children from her marriage. Two of the children are married; two work and help her financially; and the youngest four children attend school in the city. Her husband is a security guard. They do not have their own home, so they live with other family members.

Carmita takes care of the house, since her children are still young and need her care. She raises guinea pigs at home. She has been a member of the communal bank for two years. She will use this loan to buy pigs to get started raising and selling these animals. Her goal is to grow this business.
View original language description ↓
El banco comunal El Control está formado por 9 socias y 1 socio quienes viven por una comunidad perteneciente a la parroquia de Turi en Cuenca, lugar que es conocido como el mirador ya que desde lo alto se puede observar gran parte de la ciudad de Cuenca, su gente se dedica a la cría de animales, agricultura y comercio, muchos laboran en la ciudad realizando varias actividades. Nuestras socia son personas amables, gentiles y luchadoras ya que siempre están en la búsqueda de mejores ingresos en sus hogares para salir adelante con sus familias, aun mantienen la cultura y tradiciones de sus pueblos

Una de las socias de este grupo es la Señora. Carmita, vive por la comunidad de Punta Corral en las afueras de la ciudad de Cuenca, tiene 41 años, es casada y en su unión conyugal ha concebido 8 hijos, dos de sus hijos son casados, dos trabajan y le ayudan económicamente y sus cuatro hijos últimos están estudiando en una escuelita de la ciudad. Su esposo presta sus servicios como guardia de seguridad, no tienen casa propia por lo que vive en casa de familiares.

Doña Carmita se dedica al cuidado de su hogar ya que sus hijos aun son pequeños y necesitan de su cuidado, como pasa en casa tiene un criadero de cuyes.

Es socia del banco comunal hace dos años y su nuevo crédito lo va a invertir en la compra de cerdos para inicializarse en la cría de estos animales.

Su meta es crecer en el negocio de cría de animales.

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

  • $10,600
    Average annual income
  • 99
    View loans »
    Ecuador Loans Fundraising
  • $24,153,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of El Control (Cuenca) Group's $4,850 loan helped a member to buy pigs.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 3, 2012
Listed
May 21, 2012
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2012