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Virgen De Bronce  (Cuenca) Group
In this Group: Narcisa De Jesús, Blanca Magdalena, María Dolores, Carmen Alexandra, Susana Natalia, Mercy Marlene*, Johanna Fernanda, Gladys Isabel
* not pictured
The “Virgen de Bronce” communal bank has 8 ladies who live in various parts of Cuenca; they are friends and acquaintances who share a great friendship and the same ideals which are to improve their economy and move their families forward based on hard work and the effort they expend daily in their various businesses. They live in various parts of Cuenca, a cold climate city, bathed by four rivers which give it its name of “Santa Ana de los Cuatro Ríos.” Since December, 1999, it’s been a Cultural Patrimony of Humanity. It has several places to enjoy nature, its cuisine and its culture.

Gladys is one of the members. She’s taking out her first loan with the communal bank having been invited to join by a girlfriend who is an active member of it already. She lives in Baños Parish in the city of Cuenca. She’s 28-years-old, married and has two children who are 10 and 8 years old and attend the local little elementary school. Her husband works in construction. They do not own a house; they live in a house lent to them by a relative.

Gladys works taking in laundry for others, an activity she’s been doing for five years. She works Monday to Friday with no set schedule. She also does housework in several houses but only on some days of the week. Any time she has left over she dedicated to her family and her home.

She will use her loan to buy school supplies and uniforms for her children and groceries for her home. Her dream is to own a little house.
View original language description ↓
El banco comunal Virgen de Bronce esta conformado por 8 señoras que viven por diferentes lugares de la ciudad de Cuenca, son amigas y conocidas que tienen una gran amistad, comparten los mismos ideales que es mejorar su economía y sacar adelante a sus familias a base de su esfuerzo y trabajo arduo que realizan diariamente en sus diferentes negocios. Viven en diferentes lugares de la ciudad de Cuenca, ciudad que tiene un clima frió, esta bañada por 4 ríos los que le dan el nombre de Santa Ana de los 4 Ríos, desde Diciembre de 1999 es Patrimonio Cultural de la Humanidad, tiene varios lugares para disfrutar de la naturaleza, de su gastronomía y de su cultura.

Una de las socias de este grupo es la Señora. Gladys, se encuentra realizando su primer crédito en la banca comunal al cual fue invitada por una amiga quien ya es socia activa. Vive por la parroquia de Baños en la ciudad de Cuenca, tiene 28 años de edad, está casada y ha concebido dos hijos de 10 y 8 años de edad que están estudiando en una escuelita de la localidad. Su esposo labora como albañil, no tienen casa propia aun por lo que viven en una casa prestada por un familiar.

Doña Gladys trabaja lavando ropa ajena actividad que la desempeña hace 5 años, trabaja de lunes a viernes sin un horario, también arregla varias casas pero solo algunos días de la semana y el tiempo que le queda le dedica a su familia y hogar.

Su crédito lo va a invertir en la compra de útiles escolares y uniformes para sus hijos y víveres de su hogar.

Su sueño es tener una casita 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
  • 33
    View loans »
    Ecuador Loans Fundraising
  • $23,448,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Virgen De Bronce (Cuenca) Group's $2,050 loan helped a member to buy school uniforms, school supplies and foodstuffs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 31, 2012
Listed
Oct 3, 2012
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2013