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Las Amelias  (Cuenca) Group
In this Group: Amelia Gricelda, Narcisa De Jesús, Diana Lucia, María Mercedes, Blanca Yolanda, María Aurora, Amelia De Jesús, Angel Daniel
“Las Amelias” is a Communal Bank that consists of seven women and one man who are friends and acquaintances. They strive day after day to move their families forward and improve the financial stability of their households. The members live in different areas of the city of Cuenca. The central part of the city is a mix of the colonial and the modern. Its people are friendly and warm-hearted. They have maintained the culture and tradition of their ancestors. The local food captivates the palates of those who visit this area.


One of the members of this group is Sra. Blanca, who joined the Communal Bank four years ago. She lives on the outskirts of Turi Parish in Cuenca. Blanca is 40 years old, widowed, and has eight children. Two of them are grown, married, and live independently. Two other children work and help her financially. One of her daughters is in high school and the three youngest children attend an elementary school in the city. She owns the house she lives in and it was built while she was married.


Doña Blanca manages a stand at the city market where she sells vegetables. She is her own boss and does not work according to a set schedule. At home, she raises animals such as pigs, guinea pigs, chickens, and cows. Her new loan will be invested in the purchase of pigs, chickens, and feed for her animals. Her goal is to open a butcher shop where she can sell meat.

View original language description ↓
Las Amelias es un banco comunal conformado por amigas y conocidas, son 7 mujeres y 1 hombre que luchan día a día para sacar adelante a sus familias y mejorar la estabilidad económica de sus hogares. Viven por diferentes lugares de la ciudad de Cuenca, el centro de esta ciudad es una mezcla de lo colonial y lo moderno, su gente es amable y de un corazón muy cálido, mantienen aun la cultura y tradiciones de sus pueblos, su gastronomía cautiva el paladar de quienes la visitan.

Una de las socias de este grupo es la Señora. Blanca, forma una parte del banco comunal hace 4 años, vive por los alrededores de la parroquia de Turi en Cuenca, tiene 40 años, es viuda y en su unión conyugal ha concebido 8 hijos, dos de sus hijos son mayores de edad, están casados y viven independientes, 2 trabajan y le ayudan económicamente, una de sus hijas estudia en el colegio y sus 3 últimos hijos estudian en una escuelita de la ciudad. La casa en la que vive es de su propiedad la misma que la ha construido en unión conyugal.

Doña Blanca labora tiene un puesto en un mercado de la ciudad en donde vende verduras, labora sin un horario fijo ya que es su propio jefe. En su casa cría animalitos como son cerdos, cuyes, pollos y vacas.

Su nuevo crédito es para invertirlo en la compra de cerdos, pollos y alimento para sus animales.

Su meta es tener un local para vender carne.


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
  • 100
    View loans »
    Ecuador Loans Fundraising
  • $24,147,400
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Las Amelias (Cuenca) Group's $4,200 loan helped a member to buy pigs, chickens, and animal feed.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 31, 2012
Listed
Sep 4, 2012
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2013