The Communal Bank Yanaturo Alto is made up of twelve women who fight each day in their various jobs. These jobs allow them to cover their household expenses and move their families forward. They are charismatic and happy people, they maintain the culture and traditions of their people. They live in the Yanaturo sector of the city of Cuenca. This city has a cold climate and its architecture is mixed between the colonial and modern styles. It is bathed by four rivers and since December 1999 it has been a Cultural Heritage City of Humanity.
One of the members of this group is Miriam. She is 20 years old and lives in a common-law marriage. She has one child that is just a month old. Her husband makes a living selling furniture. They do not have their own house because they rent their place.
Miriam at the moment is recovering from the birth. She is caring for her son who is very small. However, in order to help her husband with the household expenses, she makes a living raising and selling guinea pigs, chicken and pigs. She has done this work for two years.
This is her second loan that she is making with the communal bank and she is going to invest it in the purchase of chickens. Her goal is to have her own house.
El banco comunal Yanaturo Alto se encuentra está formado por 12 mujeres quienes luchan día a día en sus diferentes actividades económicas las mismas que les permiten solventar los gastos de sus hogares y sacar adelante a sus familias, son personas carismáticas y alegres, mantienen la cultura y tradiciones de sus pueblos. Viven por el sector de Yanturo en la ciudad de Cuenca, esta ciudad es de clima frió, su arquitectura se mezcla entre lo colonial y lo moderno, esta bañada por 4 ríos y desde Diciembre de 1999 es Patrimonio Cultural de la Humanidad.
Una de las socias de este grupo es la Señora. Miriam, tiene 20 años, vive en unión libre y ha concebido un hijo que tiene apenas un mes de nacido, su esposo se dedica a la venta de muebles, no tiene casa propia por lo que vive es arrendando.
La Señora. Miriam por el momento se encuentra recuperándose de su parto, está cuidando de su hijo quien está muy pequeño, pero para ayudar a su esposo con los gastos de su hogar se dedica a la cría y venta de cuyes, pollos y cerdos, se dedica a esta actividad hace 2 años.
Este es el segundo crédito que realiza en el banco comunal y lo va a invertir en la compra de pollos.
Su meta es tener su casa propia.
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.