Check out some available loans that are similar to this one!
Sagrado Corazòn Del Junco  (Bahía De Caraquez) Group
In this Group: Lucrecia Barbarita, Elba Tannia, Sara Karolina, Silvia Moncerrate, María Nela, Merly Asuncion, Margarita Rosa, Alba Alicia, Carmen Bernarda, Mayra Alexandra, Rosa Ines, Candelaria Edubi, Gina Fabiola, Sonia Paula, Jazmina Auxiliadora, Belen Rosario, Amparo Jacqueline, María Antonia, Patricia Domitila, María Victoria, Paula Liliana
In a place called Junco, in the city of Bahía de Caraquez, the communal bank Sagrado Corazón del Junco meets every fifteen days.

Rosa is one of the 21 members who form this communal bank and work mainly in agriculture and livestock farming. They are taking out another loan through the institution since this is how they are able to advance in their small businesses. The previous loan was very useful because during the harsh winter they were able to grow their crops, most of them being farmers, and the loan helped them prosper.

Rosa is 48, married and has four children, two of which are adults and another two, ages 17 and 15, who are still in school and live at home. Her husband is a farmer.

Our friend is taking out a loan for herself and her husband. She says that while she raises chickens and pigs, her husband grows crops and sells his land's produce. This is how they have been able to earn an honest living. Our friend says her husband grows corn, peanuts and vegetables, which he sells when he can, since the corn and peanuts have to be stored until they can be sold at a better price. The loan is necessary to hire workers for crop harvest.

This loan is to hire workers for the harvest and to buy animal feed. Our friend has been in the communal bank since it began and she likes the help she receives from the institution.

Her dream is for her and the family to be healthy and prosper.
View original language description ↓
En un sitio llamado el Junco de la ciudad de Bahía de Caraquez, se reúne cada 15 días el Banco Comunal Sagrado Corazón del Junco.

La señora Rosa Ines es parte de las 21 socias que forman este Banco Comunal, las mismas que se dedican a la agricultura y cría de animales en su gran mayoría. Ellas están repitiendo el crédito con la institución ya que es así como ellas sacan adelante sus pequeños negocios que tienen, nos cuenta que el crédito anterior les sirvió de mucho ya que con lo fuerte del invierno les sirvió para poder sacar adelante algunas sus cosechas ya que la mayoría son del campo y es para eso que utilizaron el crédito y gracias a él salieron adelante.

La señora rosa Ines tiene 48 años de edad, está casada y tienen 4 hijos dos mayores de edad y dos de 17 y 15 años que aun estudian en colegio y que son los que aun viven en su casa. Su esposo se dedica a la agricultura.

Nuestra amiga está realizando el crédito para ella y su esposo, nos cuenta que mientras ella se dedica a la cría de gallinas y chanchos su esposo se dedica a la agricultura y venta de los productos que la tierra les ofrece, es así como ellos han podido salir delante de una forma honrada, nos cuenta nuestra amiga que su esposo tiene cultivos de maíz, maní y d verduras las mismas que son las que saca a vender cada vez que puede ya que la cosecha de maíz y maní tiene que guardarla durante un tiempo para poder vender a mejor precio. Es por eso que necesita el crédito para pagar la mano de obra en la recolección de los cultivos.

Este crédito es para pagar mano de obra en la recolección de los cultivos y para alimento para los animalitos que nuestra amiga cría, esta desde el inicio en el Banco Comunal y le gusta por la ayuda que recibe de la institución.

Sus sueños son tener buena salud ella y su familia y seguir adelante.

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

  • $10,600
    Average annual income
  • 102
    View loans »
    Ecuador Loans Fundraising
  • $24,134,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Sagrado Corazòn Del Junco (Bahía De Caraquez) Group's $6,500 loan helped a member to hire workers and buy animal feed.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 4, 2012
Listed
Aug 2, 2012
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2013