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Cumbe  (Cuenca) Group
In this Group: Laura Azucena, Julia Janneth, Ruth Magaly, Rosa Elvira, María Teresa De Jesús*, María Lucrecia, Ana Rocio
* not pictured
The communal bank, "Cumbe," is made up of seven members who live in the outskirts of the Cumbe parrish in Cuenca. This parrish is surrounded by vegetation and unequaled landscapes. The center of the area is a mix of modern and old houses with tile roofs. Its people are warmhearted, friendly, and gentle. Its biggest pride is keeping the culture and traditions of its people. They work in agriculture, raising animals, and business. Some work daily in the city, and others have migrated in search of better opportunities. The members of the communal bank are hard-working women who work daily in search of a better future for their families.

One of the members of the group is señora Julia, who is 21 and married. She has one son who is one and a half years old. She is very happy because she is eight months pregnant and hasn't had any complications. Her husband works as a building worker in the city of Cuenca. She doesn't have her own home but lives in a house that belonged to her grandmother.

Because of her current state, she works doing chores around the house since her son is very young. To help with their home's finances, she raises animals like guinea pigs and chickens that she sells in the community. She also works in agriculture, but her harvests are only for their family to consume.

She will use this new loan to buy guinea pigs, chickens, and animal feed. Her dream is to finish her university studies in accounting.
View original language description ↓
El banco comunal Cumbe esta formado por 7 socias quienes viven por los alrededores de la parroquia de Cumbe en Cuenca, esta parroquia se encuentra rodeada de vegetación y de paisajes sin igual, su centro parroquial es una mezcla de casas modernas y antiguas que conservan sus techos de teja. Su gente es de un corazón cálido, amable, gentil que su mayor orgullo es mantener la cultura y tradiciones de sus pueblos, trabajan en la agricultura, cría de animales, comercio y algunos trabajan a diario en la ciudad y otros han migrado en busca de mejores oportunidades. Las socias son mujeres luchadoras que trabajan a diario en busca de un mejor futuro para sus familias.

Una de las socias de este grupo es la Señora. Julia, tiene 21 años de edad, es casada y ha concebido un hijo de un año y seis meses de edad, está muy contenta porque se encuentra de 8 meses de embarazo y no ha tenido complicaciones. Su esposo labora como albañil en la ciudad de Cuenca, no tiene casa propia pero vive en una casa de herederos que fue de propiedad de su abuelita.

Ella por su estado actual se dedica a trabajar en los quehaceres de su hogar ya que su hijo también se encuentra muy pequeño, pero para ayudar en la economía de su hogar se dedica a la crianza de animales como cuyes y pollos a los que los vende en su comunidad, trabaja también en la agricultura pero sus cosechas son solo para el consumo de su hogar.

Su nuevo crédito lo va a invertir en la compra de cuyes, pollos y alimento para animales.

Su sueño es culminar sus estudios Universitarios en la carrera de Contabilidad.


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
  • 14
    View loans »
    Ecuador Loans Fundraising
  • $22,544,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Cumbe (Cuenca) Group's $2,350 loan helped a member to buy guinea pigs, chickens, and animal feed.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 12, 2012
Listed
Oct 7, 2012
Currency Exchange Loss:
N/A
Ended:
Apr 17, 2013