Cuencanitas (Cuenca) Group
One of the members of this group is Dolores. She lives in the central area of the town of Cuenca. She's 44 years old and separated from her husband. From her marriage she conceived three children aged 27, 18 and 16. Her oldest son works and studies, her second daughter is married and lives an independent life, and her youngest son attends one of the town's schools. She doesn't own a house of her own, so she rents.
Dolores dedicates herself to her household chores and she's also been selling "mote choclo" (boiled corn), a typical dish of that region, for many years. She learned to prepare this dish when she was young, since her parents were in this line of work. She works from Monday through Saturday and she sells her product by traveling across town.
Our partner has been a member of the communal bank for 10 years. She will use her new loan to purchase corn, eggs, salt, olive oil and other provisions in order to keep her business going.
Her biggest dream is to have her children become good professionals.
Una de las socias de este grupo es la Señora. Dolores, vive en el centro de la ciudad de Cuenca, tiene de 44 años, es separada de su esposo y en su unión conyugal ha concebido 3 hijos de 27, 18 y 16 años de edad, su primer hijo trabaja y estudia, su segunda hija es casada y vive independiente y su ultimo hijo estudia en un colegio de la ciudad. No tiene casa propia por lo que vive arrendando.
Doña Dolores se dedica a los quehaceres de su hogar y se dedica hace varios años en la venta de mote choclo (plato típico de la región), aprendió a preparar este plato desde pequeña ya que sus padres se dedicaban a lo mismo, trabaja de lunes a sábados y su producto lo vende recorriendo la ciudad.
Nuestra socia forma parte del banco comunal hace 10 años y su nuevo crédito lo va a invertir en la compra de mote, huevos, sal, aceite y otros víveres para continuar con su negocio.
Su mayor sueño es que sus hijos lleguen a ser buenos profesionales.
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.
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Success!! The loan was 100% repaid