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Nuevo Porvenir  (Cuenca) Group
In this Group: Carmen , Carmen Rosalina , Dolores, Olfa Mercedes, María Margarita, Ligia Celestina, María Natividad, María Luisa, María Asuncion*, Delfina Dominga, María Guillermina, María Dolores, Rosa Leticia
* not pictured
The communal bank Nuevo Porvenir is comprised of 13 members who are hard-working, determined, kind, warm-hearted women who work in agriculture and livestock farming. They also work in commerce, many work throughout the city. They are known for maintaining the culture and traditions of their villages. The parish of Cumbe is located southeast of the city of Cuenca. It has a cold climate and uneven geography, with large plains perfect for livestock and mountains that give us a beautiful countryside to relax in and admire nature.

One of the members of this group is María Dolores who is 42, married and has seven children. One of her daughters is married and lives independently. Two of her children study at a school that is far away and they also work. Three of her children go to the local school and her youngest daughter is still at home since she just turned three. Her husband is a bricklayer and the house they live in is their own.

María spends most of her time at home taking care of the family. But to contribute to the household economy she works the land and grows crops that she both sells and uses for home consumption. She also raises and sells chickens, pigs and guinea pigs, and has cows that give her milk to sell to milk collectors.

This is her third loan through the communal bank and she plans to use it to buy chickens and chicken feed.

Her goal is to keep expanding her livestock activity.
View original language description ↓
El banco comunal Nuevo Porvenir está formado por 13 socias quienes son mujeres trabajadoras, luchadoras, amables y de un corazón muy cálido, trabajan en actividades del campo como es la agricultura y cría de animales, también se dedican al comercio y muchos laboran en la ciudad, se caracterizan por mantener la cultura y tradiciones de sus pueblos. La parroquia de Cumbe se encuentra situada al sureste de la ciudad de Cuenca, es de clima frió, tiene una geografía accidenta la cual da espacio a grandes llanuras propicias para la ganadería y también sus montañas nos brindan hermosos paisajes para relajarse admirando la naturaleza.

Una de las socias de este grupo es la Señora. María Dolores, tiene 42 año, es casada y en su unión conyugal ha concebido 7 hijos, una hija es casada y vive independiente, dos hijos estudian en un colegio a distancia y también trabajan, tres de sus hijos estudian en una escuelita de la localidad y su ultima hija pasa en casa ya que apenas tiene 3 años de edad. Su esposo es albañil, la casa en la que vive es de su propiedad.

Doña María pasa la mayor de su tiempo en casa al cuidado de su familia y para aportar a la economía de su hogar trabaja cultivando sus tierras, sus cosechas para la venta y consumo de su hogar, también cría y vende pollos, cerdos y cuyes, tiene ganado y la leche que obtiene entrega a los carros lecheros.

Se encuentra en el tercer crédito que realiza en el banco comunal y su nuevo crédito lo va a invertir en la compra de pollos y en alimento para los mismos.

Su meta es seguir agrandando su criadero de 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

  • $10,200
    Average annual income
  • 45
    View loans »
    Ecuador Loans Fundraising
  • $23,087,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Nuevo Porvenir (Cuenca) Group's $4,800 loan helped a member to buy chickens and feed.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 28, 2012
Listed
Aug 2, 2012
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2013