Check out some available loans that are similar to this one!
Grupo Solidario Cundualo Group
In this Group: Ana Lucia, Rosa Elvira, Monica Paulina
The Cundualo group is made up of three entrepreneurial women who work hard every day in order to provide for their families. Ana is the president of this group as she is a very responsible, hard-working and cheerful woman. Ana is the lady in the center of the photo. She lives with her three children near the city of Latacunga, in Cotopaxi province.

Ana works from home, together with her family, buying, raising and selling animals such as rabbits, guinea pigs and chickens. She fattens the animals so that they are well accepted by her customers. Ana is requesting a loan from Fodemi to build pens and to buy rabbits, guinea pigs and chickens to breed and raise. This business allows her to cover her children's expenses and to improve their quality of life. Ana's fellow group members will use their loans to buy animals because the business is very common in their city and is profitable.

Ana dreams of improving further every day.
View original language description ↓
El Grupo Cundualo está constituido por tres mujeres emprendedoras que día a día luchan por el bienestar de sus familias, de este grupo Ana es la presidenta debido a que se destaca por ser una mujer muy responsable, trabajadora y alegre, en la fotografía Ana es la chica del medio. Ana vive con sus tres hijos cerca de la ciudad de Latacunga en la provincia de Cotopaxi.

Ana trabaja sola en su casa con su familia en la compra, crianza y venta de animales como conejos, cuyes y pollos, los mismos que necesitan engordar para que tengan una buena aceptación de los clientes, Ana realiza un crédito en Fodemi, el mismo que va a ser utilizado en la construcción de corrales y para la compra de conejos, cuyes y pollos para reproducción y crianza, este negocio permitirá cubrir los gastos que necesiten sus hijos y mejorará la calidad de vida. Las socias de Ana utilizaran el crédito en la compra de animales ya que este negocio en su ciudad es muy común y tiene rentabilidad.

Ana sueña en mejorar cada día más.

Additional Information

About FODEMI, a partner of World Vision International

FODEMI is a microenterprise development fund that supports groups of entrepreneurs who lack access to formal financial systems. The organization works with vulnerable populations, especially women, in the marginalized urban and rural sectors of Ecuador. Its clients work in a variety of sectors including agriculture, artisan crafts and the commercial and service sectors. Kiva lenders’ funds are used to expand the organization’s services to the poor living in more rural parts of Ecuador.

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 Grupo Solidario Cundualo Group's $1,100 loan helped a member to build pens and to buy rabbits, guineas pigs and chickens.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 11, 2012
Listed
May 28, 2012
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2012