Check out some available loans that are similar to this one!
Cumbe Centro  (Cuenca) Group
In this Group: María Targelia, Martha Verónica, Judith Eulalia, Silvia Eugenia, Andrea Priscila, María Rosa Elena
The Cumbe Centro community bank has six female members who are mainly family members and friends. They work every day in their businesses raising livestock, farming and selling products. These activities allow them to be financially independent women and help improve their household finances. They are kind people who still maintain the culture and traditions of their ancestors. They live in Cumbe parish, in Cuenca. This area is surrounded by mountains. The landscape is beautiful and people are able to enjoy nature. The climate is cold but the people have warm hearts.

One of the members of this group is 29-year-old Silvia. Silvia is single and lives with her parents, with whom she shares the household expenses. Her father is a carpenter and her mother raises cattle. They do not own their own home but live in rental accommodation.

Silvia and her mother raise cattle. They have been doing this for 12 years because they have the land they need to carry out this business. They sell the milk that they obtain from their cows on milk floats. They raise and sell hens and guinea pigs and also farm. Their harvests are solely for their own household consumption.

Silvia will invest her loan money in buying feed for her cattle. Her goal is to own her own home.
View original language description ↓
El banco comunal Cumbe Centro se encuentra conformado por 6 mujeres quienes son la mayoría familia y amigas, laboran diariamente en las actividades de la ganadería, cría de animales pequeños, agricultura y comercio, estas actividades les permiten ser mujeres dependientes económicamente y así ayudan a mejorar la economía de sus hogares, son personas amables que aun mantienen la cultura y tradiciones de sus pueblos. Viven en la parroquia de Cumbe en Cuenca lugar que se encuentra rodeada por montañas las que le dan hermosos paisajes para disfrutar de la naturaleza, tiene clima es frió pero su gente tiene un muy corazón cálido, mantiene la cultura y tradiciones de sus pueblos.

Una de las socias de este grupo es la Señorita. Silvia, tiene 29 años de edad, es soltera y vive con sus padres con quienes comparte los gastos del hogar, su padre es carpintero y su madre se dedica a la ganadería, no tienen casa propia por lo que viven arrendando.

La Señorita Silvia al igual que su madre se dedica a la cría de ganado, actividad que la desempeña hace 12 años porque tienen terrenos para dedicarse a esta actividad, la leche que obtiene de su ganado la vende en los carros lecheros. Cría y vende gallinas y cuyes y también se dedica a la agricultura, las cosechas que obtiene las utiliza solo para el consumo de su hogar.

El dinero de su crédito lo va a invertir en la compra de alimento para su ganado.

Su meta es tener su casa propia.


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
  • 64
    View loans »
    Ecuador Loans Fundraising
  • $23,495,200
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Cumbe Centro (Cuenca) Group's $1,450 loan helped a member to buy feed for her cattle.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 24, 2012
Listed
Oct 1, 2012
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2013