Check out some available loans that are similar to this one!
Barbarita  (Portoviejo) Group
In this Group: Cruz Dolores, Yery Prissela*, Dolores Patricia, Elida Evelin, Betty Monserrate, Juana Yolanda, Erika Rocio, Delia Mercedes, Ligia Elizabeth, Erika Iralda, Bella Marisol, Esther Florecita, Betty María, Edilio Gliserio, Isidro Nolverto, Juliana Angelica
* not pictured
The members of the “Barbarita” communal bank meet every fifteen days in El Florón in the city of Portoviejo. They carry out various activities like general commerce and services, among other activities.

Patricia belongs to this group which contains 14 women and 2 men all of whom carry out a variety of activities like general commerce, services and others. They joined their efforts some time ago in order to access benefits from Fundación Espoir and during the time they’ve been together they’ve felt very good about the help received.

Patricia is 27-years-old, married and has two daughters who are 7 years and 1 year old; her oldest daughter attends school and her husband’s a merchant. She is taking out the loan to help her husband with his business; he’s a merchant who sells all sorts of things like plantain, fish, sandals, etc. He goes out daily in a car they bought a year ago to do his rounds. He does this in the morning because in the afternoon he also home delivers large containers of bottled water which produces a bit of extra profit for him. He’s been in business more than 8 years but he used to do it with a three-wheeled cart until he bought his car which even though is a bit deteriorated is still very useful.

They hope to use this loan to buy fish, plantain and to repair their car. This is her second cycle in the communal bank and she likes it because of the help the loans provide. Her dream is to own a small, new truck and to provide her daughters with the best.
View original language description ↓
En El Florón de la ciudad de Portoviejo se reúnen cada quince días los socios del Banco Comunal Barbarita. Los mismos que se dedican a diversas actividades tales como comercio en general, servicios, entre otras actividades.

La señora Patricia pertenece a este grupo el cual está formado de 14 mujeres y 2 hombres, los mismos que se dedican a diversas actividades tales como comercio en general, servicios, entre otras cosas. Ellos hace tiempo atrás unieron sus esfuerzos para poder acceder a los beneficios que presta la Fundación Espoir, durante el tiempo que llevan se sienten muy bien por la ayuda recibida, la señora Patricia tiene 27 años de edad, está casada y de esta relación tienen 2 hijas de 7 y 1 año de edad, la mayor esta en escuela . Su marido es comerciante.

Nuestra amiga realiza el crédito para ayudar a su esposo en su negocio, él se dedica al comercio, vende de toda clase de productos como plátano, pescado, sandias, etc. sale todos los días en un carro que hace un año compraron para realizar sus recorridos, esto lo realiza por las mañanas mientras que por las tardes también reparte agua en botellones a domicilio con lo cual le queda cierta ganancia extra, él tiene más de 8 años con su negocio pero antes lo hacía en triciclo hasta que compro su carro que aunque está un poco deteriorado le es de mucha utilidad.

Este crédito lo esperan utilizar para comprar pescado, plátano y para reparar su carro. Este es su segundo ciclo en el Banco Comunal y le gusta por la ayuda que le bridan los créditos.

Sus sueños son tener un pequeño camión nuevo y darles lo mejor a sus hijas.

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
  • 96
    View loans »
    Ecuador Loans Fundraising
  • $24,110,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Barbarita (Portoviejo) Group's $6,250 loan helped a member to buy fish and plantain and to repair the cart.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 11, 2012
Listed
Aug 2, 2012
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2013