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Zhullin  (Azogues) Group
In this Group: Verónica De La Nube, María Angelita, Blanca Mariana, Luz Margarita, Cruz Magdalena, Gloria Clementina, María Eulalia*, Ruth Valeria, Elianora Gladys, Marjorie Marisela, Martha Narcisa
* not pictured
The Communal Bank “Zhullin” consists of 11 members who live outside of the city of Azogues. This city is known for its cold weather. The topography makes this place unique since the entire city is situated on an incline. The traditional cuisine captivates the palates of both locals and foreigners. The people are friendly, kind, and warm-hearted. They work in different business activites such as crafts, trade, livestock breeding, and agriculture. In addition, they are known for keeping their culture and traditions alive.


One of the members of this group is Sra. Gloria. She is 30 years old, married, and has five children (ages 13, 11, 9, 6, and 1). Her oldest child is in high school and three of her children attend elementary school in the city. Her husband works in the construction sector as a bricklayer. The house in which they live was built as a result of sacrifices they have made in their marriage.


Gloria devotes her time to the household chores and to looking after her children. This is her first loan with the Communal Bank and she will invest the funds in the purchase of chickens so that she can start a business that will enable her to provide for the household finances. Her goal is to grow the business that she is about to start.


The smaller photo is that of a member who was not present when the group photograph was taken.

View original language description ↓
El banco comunal Zhullin está formado por 11 socias, quienes viven por las afueras de la ciudad de Azogues, esta ciudad es de clima frió, sus relieves la hacen especial ya que toda la ciudad se sitúa en una zona inclinada, su gastronomía típica cautiva el paladar de propios y extraños. Su gente es amable, gentil y de un corazón cálido, laboran en diferentes actividades ya sea como en la realización de artesanías, comercio, cría de animales y en la agricultura, se caracterizan también por aun mantener viva su cultura y tradiciones.

Una de las socias de este grupo es la Señora. Gloria, tiene 30 años, es casada y en su unión conyugal ha concebido 5 hijos de 13, 11, 9, 6 y 1 año de edad, su primer hijo estudia en el colegio y tres de sus hijos en una escuelita de la ciudad. Su esposo labora en el área de la construcción como albañil, la casa en la que viven es de su propiedad construida con el sacrificio conyugal.

Nuestra socia se dedica a los quehaceres de su hogar y al cuidado de sus hijos.

Este es el primer crédito que realiza en el banco comunal y lo va a invertir en la compra de pollos para iniciar este negocio para poder aportar a la economía de su hogar.

Su meta es crecer en el negocio que va a iniciar.

La foto pequeña es de una socia que no pudo estar presente 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

  • $10,600
    Average annual income
  • 103
    View loans »
    Ecuador Loans Fundraising
  • $24,223,100
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Zhullin (Azogues) Group's $4,100 loan helped a member to buy chickens.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 30, 2012
Listed
Jul 4, 2012
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2012