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Las Profes  (Cuenca) Group
In this Group: Margoth Cecilia, María Alexandra, Mayra Alejandra, Jessica Jesús, Jessica Noemi, Julia Narcisa, Gloria Graciela, Vilmen Dolores, Karina Alexandra
The communal bank "Las Profes" ("The Teachers") is comprised of 9 members, most of whom dedicate themselves to teaching and other activities that allow them to improve their household's financial stability. They're friendly, kind and very charismatic women who strive everyday in order to get their families ahead. They also keep their people's culture and tradition. They live in various areas of the town of Cuenca, which has been a World Cultural Heritage site since December 1999. Its geography is rugged and it's bathed by four rivers. It's home to great artisans; its gastronomy is very diverse and captures the taste buds of both natives and foreigners.
One of the members of this group is Margoth. She lives in the Las Pencas area of the town of Cuenca. She's 52 years old and married, and from her marriage she conceived four children. Two of her children are married and live independent lives; her two youngest children attend one of the town's schools. Her husband works as a private employee. They own the house they live in.
Margoth works as a teacher. She teaches classes in a small school of the town. She's been in this line of work for 24 years and works Monday through Friday.
This is her second loan with the communal bank, and she'll use it to purchase construction supplies in order to make home improvements.
Her dream is to travel to the Galapagos Islands and abroad.
On this occasion, the photograph also features the gentleman who's Regional Coordinator for the foundation. The small picture is that of a member who couldn't be present when the group's photo was taken.
View original language description ↓
El banco comunal Las Profes está formado por 9 socias quienes en su mayoría se dedican a la docencia y a otras actividades que les permiten mejorar su estabilidad económica de sus hogares, son mujeres amables, gentiles y de un gran carisma que luchan el día a día para sacar adelante a sus familias, aun mantienen la cultura y tradiciones de sus pueblos. Viven en diferentes lugares de la ciudad de Cuenca, esta ciudad es desde Diciembre de 1999 Patrimonio Cultural de la Humanidad, su geografía es accidentada y se encuentra bañada por 4 ríos, es cuna de grandes artesanos, su gastronomía es muy variada y cautiva el paladar de propios y extraños.

Una de las socias de este grupo es la Señora. Margoth, vive por el sector de Las Pencas en la ciudad de Cuenca, tiene 52 años, casada y fruto de su unión conyugal ha concebido 4 hijos, dos de sus hijos son casados y viven independientes y sus dos últimos hijos están estudiando en un colegio de la ciudad. Su esposo labora como empleado privado, la casa en la que viven es de su propiedad.

Nuestra socia se dedica a la docencia, labora dictando clases en una escuelita de la ciudad, se encuentra en este trabajo hace 24 años y trabaja de lunes a viernes.

Este es el segundo crédito que realiza en la banca comunal y lo va a invertir comprando materiales de construcción para mejorar su vivienda.

Su sueño es viajar a Galápagos y al extranjero.

En esta ocasión nos acompaña en la foto el Señor Coordinador Regional de la Fundación. La foto pequeña es de una socia que no pudo estar presente cuando se tomo 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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Ecuador

  • $10,200
    Average annual income
  • 45
    View loans »
    Ecuador Loans Fundraising
  • $23,222,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Las Profes (Cuenca) Group's $3,850 loan helped a member to purchase construction supplies.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 25, 2012
Listed
Jul 12, 2012
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2013