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Niño De Praga  (Cuenca) Group
In this Group: Tatiana Carolina, Gloria Beatriz, Rosy María, Lucero Estefania, Irma Carmita, Alexandra Del Rocio, Norma Melida, Nancy Lorena
The Niño de Praga communal bank is comprised of eight women who live in different places in the city of Cuenca. It is a captivating city because of its colonial and modern beauty, the warmth of its people, and for its varied gastronomy. It has diverse places to enjoy and to spend pleasant moments leaving behind the daily work routine. Its people are warm and kind. Their best quality is that they are very hard-workers. They work every day in their different business activities as proprietors of their own businesses or as employees. They still maintain the culture and traditions of their villages.

Irma is one of the members of this group. This is her first loan in the communal bank, which a friend invited her to join. She is 26 years old, and she is in a common-law marriage. She has a seven year old son who goes to a city school. Her husband works as a public employee, and they live in their own house.

Irma works every day as a private employee. She works Mondays through Saturdays from nine in the morning until five in the afternoon. She devotes the rest of her time entirely to her family.

She will use the loan to buy school supplies for her son because it is close to the time for him to start classes.

Her goal is to have a boutique and in that way become independent in her work.
View original language description ↓
Niño de Praga es un banco comunal formado por 8 mujeres que viven en diferentes lugares de la ciudad de Cuenca, ciudad que cautiva por su belleza colonial y moderna, la calidez de su gente y su variada gastronomía, tiene diversos lugares para disfrutas y vivir gratos momentos saliendo de la rutina diaria del trabajo. Su gente es muy cálida y amable, su mejor cualidad es que son muy trabajadores, laboran diariamente en sus diferentes actividades como propietarios de negocios o empleados, aun mantienen la cultura y tradiciones de sus pueblos.

Una de las socias de este grupo es la Señora. Irma, este es el primer crédito que realiza en el banco comunal al cual fue invitada por una amiga. Tiene 26 años, vive en unión libre y ha concebido un hijo de 7 años de edad que estudia en una escuelita de la ciudad. Su esposo labora como empleado público, la casa en la que viven es de propia.

La Señora Irma labora diariamente como empleada privada, trabaja de lunes a sábados desde las 9 de la mañana hasta las 5 de la tarde, el resto de su tiempo lo dedica enteramente a su familia.

Su crédito lo va a invertir en la compra de útiles escolares para su hijo ya que esta próximo el ingreso a clases.

Su meta es tener una boutique y así ser independiente en el trabajo.

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
  • 52
    View loans »
    Ecuador Loans Fundraising
  • $24,308,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Niño De Praga (Cuenca) Group's $3,700 loan helped a member to buy school supplies.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 20, 2012
Listed
Sep 1, 2012
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2013