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Las Américas  (Cuenca) Group
In this Group: Rosa Elvira, Luz Esperanza, Rosa Alicia, María Ubaldina, Angel Modesto, Julia Del Carmen, María Del Cisne, María Piedad
Las Americas is a communal bank which consists of seven female members and one male. They live in the outskirts of the parish of Victoria del Portete in Cuenca. a place which has huge plains which are favourable for raising cattle. Its natural landscapes give us relaxing moments outside of the noise of the city. Its people make a living in farming, raising animals and business. They are friendly, gentle people who work day after day to improve the economic stability of their homes and get their families ahead. They keep the flame of their cultures and traditions very much alive.

One of the members is Maria Del Cisne, who is 38 years old. She lives in free union and has given birth to six children aged 22, 21, 18, 16, 4 and 2. Her oldest three daughters work in the family business which is sewing. Her fourth daughter stays at home helping with the housework and her fifth daughter is studying at pre-kindergarten. Her husband works in the construction industry as a bricklayer. They don't have their own house so are renting one.

María Del Cisne works in a sewing workshop which she has in her house. She learnt this business by skill and her daughters help her. She has had this business for the past 15 years and works without a fixed timetable. She makes a living making traditional skirts and blouses. She also raises guinea pigs and chickens and works in farming, although what she harvests is only for her family to eat.

She will invest this loan in buying threads, buttons, fasteners and other sewing material she needs for her business.

Her dream is to finish building her house.
View original language description ↓
Las Américas es un banco comunal que está conformado por 7 socias y 1 socio quienes viven por los alrededores de la parroquia Victoria del Portete en Cuenca, lugar que tiene grandes llanuras que son propicias para la cría de ganado, sus paisajes naturales nos regalan momentos de relajación saliéndonos del ruido de la ciudad. Su gente se dedica a la agricultura, a la cría de animales y al comercio, son personas ambles y gentiles que trabajan día a día para mejorar la estabilidad económica de sus hogares para salir adelante con sus familias, mantienen viva la llama de su cultura y tradiciones.

Una de las socias de este grupo es la Señora. María Del Cisne, tiene 38 años, vive en unión libre y ha concebido 6 hijos de 22, 21, 18, 16, 4 y 2 años de edad, sus tres primeras hijas se dedican al negocio familiar que es la costura, su cuarta hija pasa en casa ayudando en los quehaceres del hogar y su quinta hija está estudiando en el prekinder. Su esposo labora en el área de la construcción como albañil, no tienen casa propia por lo que viven arrendando.

Doña María Del Cisne trabaja en un taller de costura que tiene en su casa, esta actividad la aprendió por habilidad, le ayudan a este trabajo sus hijas, este negocio lo tiene desde hace 15 años y trabaja sin horario fijo, se dedica a la confección de polleras y blusas que es una vestimenta tradicional. También cría cuyes y pollos y se dedica a la agricultura, lo que cosecha es solo para el consumo de su hogar.

Su crédito lo va a invertir en la compra de hilos, telas, botones, cierres y otros materiales de costura que le hace falta para su negocio.

Su meta es terminar de construir su casa.

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
  • 35
    View loans »
    Ecuador Loans Fundraising
  • $23,432,450
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Las Américas (Cuenca) Group's $3,700 loan helped a member to buy threads, buttons, fasteners and other materials for sewing.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 20, 2012
Listed
Nov 1, 2012
Currency Exchange Loss:
N/A
Ended:
Apr 17, 2013