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Tocte  (Cuenca) Group
In this Group: Elvira De Jesús, María Ana, Norma Lucia, Luis Angel, María Zoila, Zoila María
The communal bank Tocte comprises 5 women and one man who live in Tocte, a community in Jadan parish in Cuenca. The community celebrates the local traditions and festivals like the costume ball and the vaca loca [crazy cow], the castle fireworks, and more. Most of the residents farm or raise poultry, planting corn, beans, wheat, peas, and soy, and make rope. The people are friendly and kind and are very proud of keeping the local traditions alive.

Zoila María, 52, is one of the bank's members. She is married, and 4 of her 5 children from the marriage are adults who work and offer her financial support. Her youngest son is 11 and attends a small public school. Her husband has been a construction worker since he was very young, and they own their home.

Zoila María works very hard tilling her fields. Her harvests feed the family; if there is surplus food, she sells it. She also raises and sells guinea pigs, sheep, chicken, and cattle. She still makes rope so that she doesn't lose the skills that her parents taught her. She has been a member of the communal bank for 6 years, and she will use this new loan to buy sheep, chicken, and animal feed. Her goal is to own more animals.
View original language description ↓
El banco comunal Tocte está formado por 5 socias y 1 socio quienes viven por la comunidad de Tocte que pertenece a la parroquia de Jadan en Cuenca, comunidad que mantiene las tradiciones y costumbre de sus fiestas, como es el baile de disfrazados, banda de músicos, castillos, vaca loca, 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 vivas las tradiciones de sus pueblos.

Una de las socias de este grupo es la Señora. Zoila María, tiene 52 años, es casada y fruto de su unión conyugal ha concebido 5 hijos, 4 de ellos son mayores de edad, trabajan y le ayudan económicamente, su último hijo de apenas 11 años de edad está estudiando en una escuelita de la ciudad. Su esposo desde muy joven labora en la rama de la construcción como albañil, la casa en la que viven es de su propiedad.

Doña Zoila María se dedica al duro trabajo del campo en donde trabaja labrando sus tierras, sus cosechas son para el consumo de su hogar y si existe algún sobrante lo vende, también cría y vende cuyes, borregos, pollos y ganado. Para no perder el arte que sus padres le enseñaron se dedica a la elaboración de sogas.

Es socia del banco comunal hace 6 años y su nuevo crédito lo va a invertir en la compra de borregos, pollos y alimento para sus animales.

Su meta es tener un mayor número de animales.


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

  • $10,200
    Average annual income
  • 34
    View loans »
    Ecuador Loans Fundraising
  • $23,216,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Tocte (Cuenca) Group's $2,350 loan helped a member to buy sheep, chicken, and animal feed.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 9, 2012
Listed
Aug 3, 2012
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2013