Check out some available loans that are similar to this one!
Rosas Rojas  (Paute) Group
In this Group: Blanca Azucena, María Mercedes, Olga Isabel, Fanny Fabiana, Julia Leonor, Blanca Leonor, Rosa Elvira, Mercedes Mónica, Carmen Elena, María Susana
The communal bank Rosa Rojas is made up of ten female members who work daily doing different jobs, especially ones in the countryside. They are nice, kind people and still maintain the culture and traditions of their villages. The canton of Paute has a warm climate which is favorable for a great variety of flowers and harvests of the best fruits. This region has various places to visit from which to admire nature's beauty in all its splendor. Its gastronomy is very varied and captivates the palate of its own region and foreign regions.

One of the female members of this group is María Susana. She's 41 years old, a widow, and has three children from her marriage who are 18, 12, and 8 years old. Her first son works and helps her financially, and her last two children are studying at a small school of the locality. The house in which she lives is her property.

Mrs. María Susana makes a living doing the daily work of her home and sometimes works farming other peoples' lands. She also makes a living raising guinea pigs and chicken, and farming her land. The harvests are for the consumption of her household.

This is her eighth loan with the communal bank and she is going to invest it in the purchase of guinea pigs and food for her animals.

Her dream is to give her children a better education and for them to be professionals.

The three small photographs are of three female members that couldn't be present when the group's photo was taken.
View original language description ↓
El banco comunal Rosa Rojas está formado por 10 socias, quienes laboran a diario en diferentes actividades en especial las del campo, son personas amables, gentiles y aun mantienen la cultura y tradiciones de sus pueblos. El cantón Paute tiene un clima cálido el cual es propicio para una gran variedad de flores, también se cosechas las mejores frutas, este lugar tiene varios lugares para visitar y admirar la belleza de la naturaleza en todo su esplendor, su gastronomía es muy variada y cautiva el paladar de propios y extraños.

Una de las socias de este grupo es la Señora. María Susana, tiene 41 años de edad, es viuda y en su unión conyugal ha concebido 3 hijos de 18, 12 y 8 años de edad, su primer hijo trabaja y le ayuda económicamente, sus dos últimos hijos están estudiando en una escuelita de la localidad. La casa en la que vive es de su propiedad.

Doña María Susana se dedica a las labores cotidianas de su hogar y algunas veces labora cultivando terrenos ajenos, también se dedica a la cría de cuyes y pollos, cultiva sus terrenos y las cosechas son para el consumo de su hogar.

Se encuentra en el octavo crédito que realiza en el banco comunal y lo va a invertir en la compra de cuyes y alimento para sus animales.

Su sueño es darles la mejor educación a sus hijos y que lleguen a ser buenos profesionales.

Las tres fotos pequeñas son de tres socias que pudieron estar presentes 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
  • 40
    View loans »
    Ecuador Loans Fundraising
  • $23,149,400
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Rosas Rojas (Paute) Group's $3,750 loan helped a member to buy guinea pigs and food for animals.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 16, 2012
Listed
Jun 3, 2012
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2012