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Jesús De Nazaret  (Portoviejo) Group
In this Group: Adriana Asención, Yrene Floridalba, Lucia Guadalupe, Pepita Del Carmen, Irene Lissette, Angela Leonela, Rosa Anelida, Lourdes Margarita, Franklin Gustavo, Helen Valeria*, Luis Meliton, Rosa Nereysi, María Juana*
* not pictured
The two male and eleven female members of the “Jesús de Nazaret” (Jesus of Nazareth) communal bank meet every fifteen days in the city of Portoviejo. They carry out a variety of activities like general commerce and services, among others.

One of the members of this group is Adriana, 48. She’s in a common law relationship and has two children: an adult and a 16-year-old who attends secondary school and is the one still living with them. Her husband has a welding shop.

She is a very hardworking housewife who in order to earn a little on her own works at a hamburger stand afternoons and evenings and is paid a monthly salary. The loan is for her husband’s business. He manufactures a variety of metal objects like doors, windows, metallic structures, etc. He works Monday through Saturday with the help of two employees who he pays monthly salaries. He’s had the shop more than 20 years and has always had work.

This loan is to buy metal, welding supplies, paint and other supplies her husband uses to do his work. This is the second cycle in the communal bank and she likes it because of the help they give her and her fellow members. Her dream is to finish her house which still has a long way to go.

The small photo is of a member who was unable to be present when the group photo was taken.
View original language description ↓
En la ciudad de Portoviejo se reúnen cada quince días los 2 socios y las 11 socias del Banco Comunal Jesús De Nazaret, los mismos que se dedican a diversas actividades tales como comercio en general, servicios, entre otras cosas.

Una de las socias de este grupo es la señora Adriana, tiene 48 años de edad, mantiene una relación de unión libre y de esta relación tienen dos hijos, uno mayor de edad y la menor de 16 años de edad la cual estudian en colegio y es la que aun vive con ellos. Su esposo tiene un taller de soldadura.

Ella es un ama de casa muy trabajadora y para ganar algo por su cuenta trabaja en un local de venta de hamburguesas, trabaja en las tardes y noches y le pagan un sueldo mensual. El crédito es para el negocio de su esposo, el mismo que fabrica muchas obras con el metal como puertas, ventanas, estructuras metálicas, etc. Él trabaja de lunes a sábado con la ayuda de dos operarios a quienes les paga un sueldo mensual, lleva más de 20 años con su taller y siempre ha tenido trabajo.

Este crédito es para comprar hierro, soldaduras, pinturas y otros materiales que emplea su esposo para elaborar sus obras. Este es el segundo ciclo en el Banco Comunal y le gusta por la ayuda que le dan tanto a ella como a sus compañeros.

Su sueño es terminar su casa ya que aún le falta mucho.

La foto pequeña es de una socia que no pudo estar presente cuando se tomó la foto del grupo.

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
  • 51
    View loans »
    Ecuador Loans Fundraising
  • $23,490,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Jesús De Nazaret (Portoviejo) Group's $6,400 loan helped a member to buy metal, welding supplies, paint and other supplies.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 31, 2012
Listed
Aug 14, 2012
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2012