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Corazón De Jesús  (Cuenca) Group
In this Group: Ana María, María Evangelina, María Rosario, Sonia Priscila, Margarita Dorinda, Rosa Avelina, María Gerardina, Martha Verónica, Ana Patricia, Josefina, Manuel Marcelo, Carmen Lucia
Corazon de Jesus is a community bank formed by 12 members that live in different places of the district of Valle en Cuenca, the district has an architectural style mix between the antique and the modern, it is surrounded by landscapes that make it special thanks to its rugged geography, in this town you can see the colorful clothing of its people, particularly elders have kept their traditional dress which is a “pollera” (dress), shirt and hat. The people are hardworking like the members that work everyday in different economic activities such as raising livestock, agriculture and commerce. Many of them have emigrated looking for better work opportunities but still maintain the culture and traditions of its people and priding themselves in keeping these traditions.
One of the members of the group is Maria Rosario who's been part of the community bank for 6 years, she is 40, married and has four children ages 23, 19, 16 and 12, her two oldest work and help her financially, her two youngest study at a local school. Her husband works on several activities such as construction and carpentry, they don't own a house thus they rent.
Maria Rosario spends most of her time doing housework and raising livestock such as pigs, chicken and “cuyes” (guinea pigs) that she sells in the community. She only works three days per week as a domestic employee with no set schedule and she also seeds her land and consumes what's harvested.
Her loan will be invested in buying pigs and feed for livestock. Her goal is to have a larger amount of chickens and grow this business.
View original language description ↓
Corazón de Jesús es un banco comunal conformado por 11 socias y 1 socio que viven en diferentes lugares de la parroquia del Valle en Cuenca, parroquia que es una mezcla de una arquitectura antigua y moderna, está rodeada por varios paisajes que le dan un toque especial gracias a su geografía accidentada, en esta parroquia se puede observar la colorida vestimenta de su gente ya que en especial las personas mayores mantienen la vestimenta tradicional que es una pollera (vestidos), blusa y sombrero. Su gente es trabajadora como nuestras socias que laboran diariamente en diferentes actividades económicas como son la crianza de animales, la agricultura, el comercio y muchas han migrado en busca de mejores oportunidades de trabajo, aun mantienen la cultura y tradiciones de sus pueblos siendo su mayor orgullo conservarlas.

Una de las socias de este grupo es la Señora. María Rosario, conforma el banco comunal Corazón de Jesús desde hace 6 años, tiene 40 años de edad, está casada y en su unión conyugal ha concebido 4 hijos de 23, 19, 16 y 12 años de edad, sus dos primeros hijos trabajan y ayudan le económicamente, sus dos últimos hijos estudian en un colegio de la localidad. Su esposo trabaja en varias actividades como es en la albañilería y carpintería, no tienen casa propia por lo que viven arrendando.

Doña María Rosario la mayor parte de su tiempo lo dedica a los quehaceres de su casa y cría animales como cerdos, pollos y cuyes que los vende en su comunidad. Trabaja solo 3 días a la semana como empleada domestica sin un horario y también cultiva sus terrenos, lo que cosecha es para el consumo de su hogar.

Su crédito lo va a invertir en la compra de cerdos y en el alimento para sus animales.

Su meta es tener un galpón de pollos más grande y crecer en este negocio.

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
  • 29
    View loans »
    Ecuador Loans Fundraising
  • $23,142,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Corazón De Jesús (Cuenca) Group's $5,550 loan helped a member to buy pigs and feed for livestock.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 11, 2012
Listed
Oct 6, 2012
Currency Exchange Loss:
N/A
Ended:
Apr 17, 2013