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Las Del Río  (Cuenca) Group
In this Group: María Eulalia, Eva Cecilia, Ana Matilde, María Rosario, María Ildaura, Martha Verónica, María Patricia
The “Las del Río” (The Ones from the River) communal bank has 7 members, all women. They are hardworking and enterprising. Most of them work in the fields and also raise animals to sell. They’ve learned these activities from their parents. They still preserve their native culture and traditions and are also kind, warmhearted women. They live in Jadán Parish located 28 kilometers from the city of Cuenca. This parish has a cold climate and several places to visit and enjoy nature.

One of this group’s members is María Rosario, 41. She’s married and has had ten children whose ages are 25, 22, 19, 16, 14, 12, 10, 8, 6 and 2. Her oldest son is married and lives on his own. Her second daughter is studying away and also works. Her third son works and helps out economically. Her next three attend secondary school and the next three attend the local elementary school. Her husband works as a day laborer and she owns the house she lives in.

María works caring for her family but also grows tomatoes. These plants produce fruit every four months. She’s been in business 12 years and works Sunday to Sunday with no fixed schedule. She also grows vegetables and raises pigs, cattle and guinea pigs. Both the vegetables and the animals are to be sold.

She’s been in the communal bank for two years and will use her new loan to build a nursery. Her goal is to continue growing with the tomato crops.
View original language description ↓
El banco comunal Las del Rio está formado por 7 mujeres todas trabajadoras y emprendedoras que laboran en su mayoría en los trabajos del campo, también crían y venden animales, estas actividades las han aprendido de sus padres. Ellas aun mantienen la cultura y tradiciones de sus pueblos, son también mujeres amables y de un corazón cálido. Viven por la parroquia Jadán que esta ubica a 28 km de la ciudad de Cuenca, esta parroquia es de clima frió y tiene varios lugares para disfrutar de la belleza de la naturaleza.

Una de las socias de este grupo es la Señora. María Rosario, tiene 41 años, es casada y en su unión conyugal ha concebido 10 hijos de 25, 22, 19, 16, 14, 12, 10, 8, 6 y 2 años de edad, su primer hijo es casado y vive independiente, su segunda hija estudia a distancia y también trabaja, su tercer hijo trabaja y le ayuda económicamente, sus tres siguientes hijos estudian en el colegio y tres en una escuelita de la localidad. Su esposo labora como jornalero, la casa en la que vive es de su propiedad.

Doña María se dedica a cuidar a su familia y también siembra tomates, estas plantas le dan fruto cada 4 meses, se encuentra en el negocio hace 12 años y trabaja de domingo a domingo sin horario fijo, también siembra verduras y cría cerdos, cuyes y ganado. Tanto las verduras como los animales son para la venta.

Se encuentra en es banco comunal hace 2 años y su nuevo crédito lo va a invertir en la construcción de un invernadero.

Su meta es seguir creciendo en los cultivos de tomates.

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
  • 98
    View loans »
    Ecuador Loans Fundraising
  • $24,153,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Las Del Río (Cuenca) Group's $3,150 loan helped a member to build a plant nursery.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 6, 2012
Listed
Aug 2, 2012
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2013