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Vida Plena  (Paute) Group
In this Group: Gloria Esperanza, María Verónica, Rosa Isabel, Carmen Esperanza, María Verónica, María Lourdes, Henry Mauricio, Carlos Santiago, María Cecilia, Gabriela De Los Angeles, Santos Hermelinda
The 'Vida Plena' community bank is made up of 9 women and 2 men who are family and neighbors living in Uzhupud community, in Paute canton. They are a very united group who work every day to forge a better future for their children and families. They are known for maintaining their traditions, culture and good humor. Most people in Paute canton grow flowers and farm as the area has a temperate climate which is suitable for growing a wide variety of fruits and flowers. They also raise animals and work in commerce, in particular selling barbecued chicken which is a traditional dish.

One of the members of this group is Carmen, who is requesting her third loan through the community bank. Carmen is 40 years old, married, and has four children who are 18, 10, 8 and 3 years old. Her eldest son works and contributes financially toward the household. Two of her children are attending school in the town and her husband works in construction as a builder.

Carmen works on a large estate as a gardener. She has been in this job for five years. She works Sunday to Sunday as they provide her with a house in which to live. They also give her the opportunity to raise animals, such as lambs, guinea pigs and chickens, which she sells in her community. In addition, Carmen farms. The crops that she harvests are primarily for her family's consumption and if there are any left over she sells them.

Carmen will invest her loan in buying fertilizer, seeds and animal feed. Her goal is to some day own a restaurant as she really enjoys cooking and would like to please other people with her good cooking.
View original language description ↓
El banco comunal La Vida Plena está conformado por 9 socias y 2 socios que son familia y vecinos, viven por la comunidad Uzhupud en el cantón de Paute, son personas muy unidas que están trabajando a diario para forjar un mejor futuro para sus hijos y familias, se caracterizan también por mantener sus tradiciones, cultura y buen humor. En el cantón Paute la mayoría de su gente se dedica a la floricultura y a la agricultura ya que su clima es templado y es propicio para la siembra de una gran variedad de flores y frutas, trabajan también en la cría de animales y se dedican comercio en especial a la venta de pollos asados al carbón que es un plato típico.

Una de las socias de este grupo es la Señora. Carmen, se encuentra realizando el tercer crédito en el banco comunal La Vida Plena, tiene 40 años de edad, es casada y ha concebido en su unión conyugal 4 hijos de 18, 10, 8 y 3 años de edad, su primer hijo trabaja y así contribuye a la economía del hogar, dos hijos están estudiando en una escuelita de la localidad. Su esposo labora en el área de la construcción como albañil.

La Señora. Carmen trabaja en una quinta como jardinera, actividad que la desempeña hace 5 años, trabaja de domingo a domingo ya que le prestan una casa para vivir, también le dan la oportunidad de criar animales como: borregos, cuyes y pollos a los que los vende por su comunidad, también se dedica a la agricultura y lo que cosecha es para el consumo de su hogar y si existe un sobrante lo vende.

Su crédito lo va a invertir en la compra de abono, semillas y en alimento para sus animales.

Su meta es algún día tener un restaurante ya que le gusta mucho cocinar y desea degustar a la gente con su buena sazón.

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
  • 25
    View loans »
    Ecuador Loans Fundraising
  • $22,853,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Vida Plena (Paute) Group's $3,650 loan helped a member to buy fertilizer, seeds and animal feed.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 30, 2012
Listed
Oct 2, 2012
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2013