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Super Poderosas  (Portoviejo) Group
In this Group: Rita Annabell, Johanna Margarita, Esperanza Moncerrate, Elizabeth Asuncion, Vanessa Emiliana, Luis Vicente, Ignacia Lucia, Juan Carlos, Maritza Fernanda, Dalinda María, María Monserrate, María Belen*, Rosa Agustina*, Asuncion Monserrate, Vicenta Dolores, Cruz Barbara, Mariana
* not pictured
The “Las Súper Poderosas” (The Super Powerful Ones) communal bank meets every fifteen days in Picoaza Parish in the city of Portoviejo, a place noted for being a very commercial zone, for its traditional feast day of Saint Peter and Paul and for the cheerfulness of its people.

This is a group of people who decided to join together four months ago and form this communal bank that’s been very useful to them with loans. They have improved their small businesses and their lives. They carry out a variety of activities like agriculture, general commerce and services, among other activities.

One of the group members is Mariana, 47. She’s in a common law relationship and has five children, all independent adults. Her husband’s a merchant.

In order to get ahead with her family, our friend has a home-based store where she sells all types of products like rice, sugar, oil, detergent and bottled water, among other things. She tells us that she also goes with her husband twice a month to the city of Esmeraldas where she sells clothes and her husband sells shoes and sandals. They stay there the entire weekend selling their products. During those days one of their children is in charge of tending to the store. She’s been a merchant for 15 years and has had her store for three years but she comments that it does produce profits and she hopes to expand the store with the loans.

She will use this loan to better stock her store. She will buy rice, sugar, oil, detergent, cured meats and other basic staple products. She’s been in the communal bank since its beginning and likes it because of the help the loans provide. Her goals are to continue forward with her business and that her store grows more every day.
View original language description ↓
EL Banco Comunal Las Súper Poderosas se reúne cada quince días en la parroquia Picoaza de la ciudad de Portoviejo. Lugar conocido por ser una zona muy comercial, por sus fiestas tradicionales de San Pedro y San Pablo y por la alegría de su gente.

Este es un grupo de personas que decidieron unirse hace cuatro meses atrás y formar este Grupo De Crédito que les ha servido de mucho ya que con los créditos, ellos han mejorado sus pequeños negocios y su vida. Ellos se dedican a diversas actividades tales como agricultura, comercio en general, servicios, entre otras actividades.

Una de las socias de este grupo es la señora Mariana, tiene 47 años de edad y mantiene una relación de unión libre de la cual tiene cinco hijos, todos mayores e independientes. El marido es comerciante.

Nuestra amiga para salir adelante junto a su familia tiene una tienda en su casa, allí vende todo tipo de productos, como arroz, azúcar, aceites, detergentes, agua en bidón entre otras cosas, nos cuenta además que dos veces por mes con su marido se van a la ciudad de Esmeraldas a vender ella ropa y su marido zapatos y sandalias, ellos se quedad en este lugar todo el fin de semana vendiendo sus productos. En estos días uno de sus hijos se hace cargo de atender la tienda. Ella lleva más de 15 años dedicada al comercio y con su tiendita tres años, pero comenta que si le da ganancias y que espera con los créditos ir aumentando su tienda.

Este crédito lo va a emplear en surtir mas su tienda, va a comprar arroz, azúcar, aceite, detergentes, embutidos y otros productos de primera necesidad. Está en el Banco Comunal desde el inicio y le gusta por la ayuda que le brindan los créditos.

Sus metas son seguir adelante en su negocio y que su tienda crezca cada día más.

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
  • 52
    View loans »
    Ecuador Loans Fundraising
  • $24,295,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Super Poderosas (Portoviejo) Group's $6,050 loan helped a member to buy staple items to stock her store.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 12, 2012
Listed
Jul 3, 2012
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2012