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Guandugloma  (Nabón) Group
In this Group: María Doraliza, Esther Esperanza, Rosa Elena, María Emerita, María Delfina De Jesús, Grima María, Rosa Elena, María Aurora
The communal bank Guandugloma consists of 8 members who live in the canton of Nabón, a place with a cold climate, surrounded by abundant vegetation and in this place you can breathe the tranquility of the countryside.

Its people are kind, gentle and still maintain the dress, traditions and culture of their people. They work in the fields, raising animals and many, especially the young people, go to the city to work every day in different economic activities.

One of the members of this group is María Dolores. She is 41 years old, married and from this marriage she has 6 children who are 16, 14, 11, 8, 7, and 2 years old. Her first two children are studying at school and three of her children are studying at a little local school. Her husband is a bricklayer. They own the house they live in.

María does the household chores, raises and sells cattle, guinea pigs, pigs, sheep and chickens and she also works in agriculture cultivating their land. The crops are for their household consumption and to sell.

This is the second loan they have made in the communal bank and it will be invested in the purchase of fertilizer for the land, guinea pigs, chickens and pigs. Her goal is to have more animals.
View original language description ↓
El banco comunal Guandugloma está formado por 8 socias, quienes viven por el cantón Nabón, lugar de clima frió, está rodeado por una exuberante vegetación y en este lugar se puede respirar la tranquilidad del campo. Su gente es amable, gentil y aun mantienen su vestimenta, tradiciones y cultura de sus pueblos, se dedican a labrar los campos, a la cría de animales y muchos en especial los jóvenes salen diariamente a la ciudad a laborar en diferentes actividades económicas.

Una de las socias de este grupo es la Señora. María Dolores, tiene 41 años, es casada y fruto de su unión conyugal ha concebido 6 hijos de 16, 14, 11, 8, 7, 2 años de edad, sus dos primeros hijos estudian en el colegio y tres de sus hijos estudian en una escuelita de la localidad. Su esposo es de profesión albañil, la casa en la que vive es de su propiedad.

Doña María Dolores se dedica en los quehaceres de su hogar, cría y vende ganado, cuyes, credos, borregos y gallinas y también labora en la agricultura cultivando sus terrenos, sus cosechas son para el consumo de su hogar y para la vende.

Este es el segundo crédito que realiza en el banco comunal y lo va a invertir en la compra de abono para sus terrenos, cuyes, gallinas y cerdos.

Su meta es tener más animales.


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
  • 106
    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 Guandugloma (Nabón) Group's $2,375 loan helped a member to buy fertilizer, guinea pigs, chickens and pigs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 31, 2012
Listed
Jul 3, 2012
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2012