Check out some available loans that are similar to this one!
Vegaspamba  (Cuenca) Group
In this Group: Zoila Elena, Ruth Cecilia, Luz Esperanza, Rosa Adelina, María Eugenia, Flor Ermencia*, Lus María, Ruth Cecilia, Rosa Elena, Rosa Balvina, Zoila Mercedes, María Ines, Mariela Alexandra, Carmen Amelia*, María Rosa, Ana Cecilia, María Luz, María Mercedes
* not pictured
The communal bank Vegaspamba is comprised of 18 women who live in the community of Vegaspamba, which belongs to the Jada Parish in Cuenca. This community maintains the traditions and customs of its festivities, such as a masquerade dance, music band, fireworks, crazy cows, etc. The activities the majority of the inhabitants is involved in are agriculture and poultry farming. They grow corn, beans, wheat, peas and also make rope. They are a kind, gentle people whose major source of pride is the fact that they keep the traditions of their villages alive.

One of the members of this group is Rosa Balvina, 60, who is divorced and has six children who are all adults, married and live independently. She takes care of a grandson who is now 13 and studying at the city school. The house she lives in belongs to her.

Rosa Balvina works as a farmer and what she harvests is for home consumption. She also raises and sells pigs, guinea pigs and chickens. In order not to lose the tradition she learned from her parents of making rope, she still does this in her community.

She is a founding member of the communal bank, and will use this new loan to buy animal feed and nylon to make rope.

Her greatest dream is for her grandson to become a good professional.
View original language description ↓
El banco comunal Vegaspamba está formado por 18 mujeres quienes viven por la comunidad de Vegaspamba que pertenece a la parroquia de Jada en Cuenca, comunidad que mantienen las tradiciones y costumbre de sus fiestas, como es baile de disfrazados, banda de músicos, castillos, vacas locas, la quema de fuegos pirotécnicos, etc., la principal ocupación de los habitantes es la agricultura y la avicultura, cultivan maíz, fréjol, trigo y arveja, también laboran en la elaboración de sogas. Son personas amables y gentiles, su mayor orgullo es que aun mantienen viva las tradiciones de sus pueblos.

Una de las socias de este grupo es la Señora. Rosa Balvina, tiene 60 años de edad, está separada y en su unión conyugal ha concebido 6 hijos quienes son todos mayores de edad, casados y viven independientes, ella cuida de un nieto desde que era muy pequeño y hoy tiene 13 años y está estudiando en un colegio de la ciudad. La casa en la que vive es de su propiedad.

Doña Rosa Balvina trabaja en el campo, se dedica a la agricultura y lo que cosecha es solo para el consumo de su casa, tambien cría y vende cerdos, cuyes y gallinas. Para no perder las tradiciones de sus padres aprendió desde muy joven la elaboración de sogas, trabajo que aun sigue vivo en su comunidad.

Es socia fundadora del banco comunal y su nuevo crédito lo va a invertir en la compra de alimento para sus animales y nylon para la elaboración de las sogas.

Su mayor sueño es que su nieto llegue a ser un buen profesional.


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
  • 47
    View loans »
    Ecuador Loans Fundraising
  • $24,300,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Vegaspamba (Cuenca) Group's $6,100 loan helped a member to buy animal feed and nylon.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 6, 2012
Listed
Aug 3, 2012
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2013