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Mujeres Formales Group
In this Group: Claire, Hortencia , Jesus
In Santo Domingo de los Tsáchilas live three enterprising women who formed the "Mujeres Formales, JC" group. Santo Domingo is a city with a tropical humid climate and average temperature of 25º C. The city is known for being a crossroads between several cities on the equator, such as Esmeraldas, Cuenca, and Quito, among others, making it an important Ecuadorian trade center. Also, Santo Domingo encompasses most of the livestock market of Ecuador. It is called "de los Tsáchilas" because it is home to the Tsáchilas ethnic group which maintains its traditional dress and customs from before colonial times.

The "Mujeres Formales" group is comprised of Claire, Hortensia, and Jesús. The three are neighbors and live in the city center. They set up a business selling cosmetics and clothing, and also offer an alterations service. Claire, 47, is a single mother and finished her secondary
education. Hortensia, 59, has no commitments and so works full time in the business. Jesús is married and her husband is a bricklayer who helps care for their son. The business is important for these three women and they dream about expanding and strengthening it. Therefore, they are requesting a loan from Kiva to buy cosmetics, clothing and raw materials. This will allow them to offer more products to their customers as well as a better alterations service. Their goal is to have their own shop so they can increase their income and have a better quality of life.
View original language description ↓
En Santo Domingo de los Tsáchilas residen tres mujeres emprendedoras que juntas formaron Mujeres Formales, JC. Santo Domingo es una ciudad de clima húmedo tropical con una temperatura promedio de 25°C . La ciudad es conocida por ser el enlace entre varias ciudades ecuatorianas tales como Esmeraldas, Cuenca, Quito entre otras haciendo de Santo Domingo un punto importante del comercio ecuatoriano. Es más, Santo Domingo abarca la mayoría del mercado ganadero del Ecuador. Se le determina “de los Tsáchilas” por ser el hogar del grupo étnico de los Tsáchilas, que mantiene tradiciones tales como vestuario y costumbres desde antes de la época de la colonia.

Él grupo de Mujeres Formales, está compuesto por Claire, Hortensia, y Jesús. Las tres son vecinas y viven en el centro de la ciudad. Formaron un negocio de venta de cosméticos y ropa y tienen servicio de modistas. Claire es madre soltera de un hijo, tiene 47 años, y termino sus estudios secundarios. Hortensia tiene 59 años y no tiene ningún compromiso por lo tanto se dedica 100% al negocio. Jesús está casado con su esposo que trabaja como albañil y le ayuda a criar a su hijo. Para las tres mujeres su negocio es importante y sueñan con que crezca y se fortalezca. Por lo tanto, solicitan un crédito a Kiva para poder comprar más cosméticos, ropa y materia prima. De esta manera, podrán ofrecer mayor cantidad de productos a sus clientes y un mejor servicio de modistas. Ellas sueñan con poder tener un local propio para mejorar sus ingresos y tener una mejor calidad de vida

Additional Information

About Fundación Alternativa

Fundación Alternativa encourages entrepreneurship and provides sustainable financial and non-financial services that promote social and economic development in Ecuador. The organization focuses on serving poor and excluded populations through analysis of clients' living conditions and by providing business training and other support services in urban, rural and marginalized parts of the country.

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
  • 38
    View loans »
    Ecuador Loans Fundraising
  • $23,094,925
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Mujeres Formales Group's $2,500 loan helped a member to buy more cosmetics, clothing and raw materials.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Jun 18, 2012
Jul 17, 2012
Currency Exchange Loss:
Apr 18, 2013