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Maluay  (Cuenca) Group
In this Group: María Celinda, María Rosario, Rosa Sarbelia, María Cruz, Rosa Agripina, Delia Esther, Ana Piedad, Mariana De Jesús, Luz Victoria, Martha Yolanda, Ana Cecilia, María Doralisa
The “Maluay” communal bank is composed of 12 members who live in a community of the same name belonging to Valle Parish in Cuenca. This place has a cold climate and is surrounded by mountains that allow us to have a beautiful view of nature. Its architecture blends the modern with the colonial; its residents preserve the culture and traditions of its peoples. Our members are nice, kind, very charismatic women who are noted for being very hardworking and tenacious and who work daily to improve their economy and give their children a better future. They still preserve traditional cuisine of its peoples as well as their culture and traditions.

One of this group’s members is María Doralisa, 43. She’s a widow and has 8 children. One of them is married and lives on his own; two work and help her economically at home, one is attending secondary school and her four youngest are attending the little local school. The house she lives in his hers.

María Doralisa does household chores and for the last five years has been working recycling but only two days of the week. At home she raises and sells pigs, chickens and guinea pigs and also works in agriculture; what she grows is for home consumption.

She’s been in the communal bank for four years and will use the new loan to buy chicks and guinea pigs to continue growing in this activity. Her dream is to purchase a vehicle.

The two small photos are of three members who were unable to be present when the group photo was taken.
View original language description ↓
El banco comunal Maluay está formado por 12 socias, quienes viven por la comunidad de que lleva el mismo nombre perteneciente a la parroquia del Valle en Cuenca, este lugar es de clima frió, se encuentra rodeado de montañas las mismas que nos permiten tener una hermosa vista de la naturaleza, su arquitectura se mezcla entre lo colonial y lo moderno, su gente mantienen la cultura y tradiciones de sus pueblos. Nuestras socias son mujeres amables, gentiles, tienen un gran carisma, se caracterizan por ser muy trabajadoras, luchadoras que laboran a diario para mejorar su economía y entregarles un mejor futuro a sus hijos, aun mantienen la gastronomía tradicional de sus pueblos así como la cultura y tradiciones.

Una de las socias de este grupo es la Señora. María Doralisa, tiene 43 años, es viuda y en su unión conyugal ha concebido 8 hijos, uno es casado y vive independiente, 2 trabajan y le ayudan económicamente en la casa, 1 estudia en el colegio y sus 4 últimos hijos están estudiando en una escuelita de la localidad. La casa en la que vive es de su propiedad.

Doña María Doralisa se dedica a los quehaceres de su hogar, labora hace 5 años en el reciclaje pero solo dos días de la semana, en casa cría y vende cerdos, pollos y cuyes, también se dedica a la agricultura y lo que cosecha es solo para el consumo del hogar.

Se encuentra en el banco comunal hace 4 años y su nuevo crédito lo va a invertir comprando pollos y cuyes para seguir creciendo en esta actividad.

El sueño de nuestra socia es comprarse un vehículo.

Las dos fotos pequeñas son de tres socias que no 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
  • 25
    View loans »
    Ecuador Loans Fundraising
  • $22,857,200
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Maluay (Cuenca) Group's $5,050 loan helped a member to buy chicks and guinea pigs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 12, 2012
Listed
Jul 4, 2012
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2013