Check out some available loans that are similar to this one!
Divino Niño Jesús  (Cuenca) Group
In this Group: Dellys Andrea, Silvia Monserrath, María Verónica, Andrea Priscila, Alexandra Valeria, Blanca Leonor*, Mariana Del Rocio, María Esperanza, María Victoria, Matilde Emperatriz, María Cruz, Nancy Marlene, Ana Leticia, Nancy Beatriz
* not pictured
The community bank Divino Niño Jesús is made up of 14 members who live throughout the city of Cuenca (a city which has been listed as a World Heritage site by UNESCO since December 1999). The city has a cold climate and its geographical location makes it special, as it offers a variety of places to enjoy nature. It is a city rich in culture and traditions, with varied gastronomical offerings. The people there are friendly and gentle like the members of this group: women who work daily to improve their economic situation for their families. They work at different economic activities like business and agriculture, which maintain the culture and traditions of their towns.

One of the members of this group is Nancy Beatriz. She is 26 years old and is the single mother of three children ages 10, 6 and 4. Her first two children study in a small school in the city. She does not have her own house, so she rents. Nancy Beatriz is in charge of the chores of her home. She helps her family get ahead through her business selling a variety of clothing. She works seven days a week without a fixed schedule and she sells her merchandise across the city. She has been working at this business for three years.

This is the first loan that she has requested through the community bank, at the invitation of a friend and neighbor. She is going to invest the loan in the purchase of clothing in order to increase her inventory. Her dream is to have a boutique.
View original language description ↓
El banco comunal Divino Niño Jesús está formado por 14 socias quienes viven en diferentes lugares de la ciudad de Cuenca, esta ciudad es desde Diciembre de 1999 Patrimonio Cultural de la Humanidad, tiene un clima frió, su accidente geográfico la hace especial y cuenta con diferentes lugares para disfrutar de la naturaleza, esta es una ciudad muy rica en su cultura y tradiciones, su gastronomía es muy variada. Su gente es amable, gentil como nuestras socias, quienes son mujeres que trabajan día a día para mejorar su situación económica y sacar adelante a sus familias, laboran en diferentes actividades económicas como comercio o agricultura, se caracterizan por aun mantener la cultura y tradiciones de sus pueblos.

Una de las socias de este grupo es la Señora. Nancy Beatriz, tiene 26 años de edad, es madre soltera de 3 hijos de 10, 6 y 4 años de edad, sus dos primeros hijos estudian en una escuelita de la ciudad. No tiene casa propia por lo que vive arrendando.

La Señora. Nancy Beatriz se encarga de los quehaceres de su hogar y para sacar adelante a sus hijos se dedica al comercio, vende todo tipo de ropa, labora de domingo a domingo sin un horario fijo y su mercadería la vende recorriendo la ciudad, se encuentra en el negocio hace 3 años.

Este es el primer crédito que realiza en el banco comunal al cual fue invitada por una amiga y vecina, su crédito lo va a invertir comprando ropa para surtir mas la mercadería.

Su sueño es tener una boutique.

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
  • 48
    View loans »
    Ecuador Loans Fundraising
  • $24,300,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A portion of Divino Niño Jesús (Cuenca) Group's $5,450 loan helped a member to buy clothing.
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 18, 2012
Listed
Jun 3, 2012
Currency Exchange Loss:
N/A
Expired:
Jul 3, 2012