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Maluay De Curiquinga  (Cuenca) Group
In this Group: María Sandra, María Eulalia, Teresa De Jesús, Janneth María, Narcisa Jesús, Carmen Isabel, Patricia Piedad, María Trancito, María Eugenia, Rosa Aurora, Blanca Arcelia
The “Maluay de Curiquinga” communal bank is composed of 11 members who live in a community of Maluay 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 Rosa, 51. She’s married and has had ten children. Her oldest three children are married and live on their own, three work to cover their personal expenses, two of her children stay home and help with housework and her two youngest attend the little local school. Her husband stays home due to his age and the house they live in is theirs.

Rosa does household chores and farms. What she grows in her fields is for home consumption. She also raises and sells pigs, chickens, guinea pigs and she has a cow. She sells her animals in her community.

This is the fourth loan she’s taken out with the communal bank and she will use it to buy building supplies to build a larger shed for the chickens and to buy pigs. Her dream is to own a store.
View original language description ↓
El banco comunal Maluay de Curiquinga está formado por 11 socias, quienes viven por la comunidad de Maluay en la parroquia del Valle en Cuenca, este lugar es de clima frió, se encuentra rodeado de montañas las mismas que nos permite 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. Rosa, tiene 51 años, es casada y en su unión conyugal ha concebido 10 hijos, sus 3 primeros hijos son casados y viven independientes, 3 se dedican a trabajar para solventar sus gastos personales, 2 de sus hijos pasan en casa ayudando en los quehaceres del hogar y sus 2 últimos hijos estudian en una escuelita de la localidad. Su esposo debido a su edad pasa en casa, la casa en la que vive es de su propiedad.

Doña Rosa se dedica a los quehaceres de su casa y a la agricultura, cultiva sus terrenos y su cosecha es solo para el consumo de su casa, también cría y vende cerdos, pollos, cuyes y tiene una vaca, sus animales los vende en su comunidad.

Se encuentra en el cuarto crédito que realiza en el banco comunal y lo va a invertir en materiales de construcción para construir un galpón más grande para los pollos y en la compra de cerdos.

Su sueño es tener una tienda.


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
  • $22,853,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Maluay De Curiquinga (Cuenca) Group's $3,800 loan helped a member to buy building supplies and to buy pigs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 11, 2012
Listed
Jul 4, 2012
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2013