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Las Optimistas  (Cuenca) Group
In this Group: María Esperanza , María Guadalupe, María José, María Verónica, Elsa Beatriz, Fanny Elizabeth, Gladys Yolanda, Priscila Alexandra
The Las Optimistas Communal Bank is made up of eight women who live in different areas of the city of Cuenca, which was designated a World Heritage Site in 1999. The city is bathed by four rivers; it has a cold climate and rugged geography colored with beautiful landscapes. Its people, like these communal bank members, are kind and very charismatic; they work arduously every day to improve their household finances and they are fighters who work day after day to get their families ahead.

One of this group's members is Fanny. This is the third loan she is taking out with the Las Optimistas Communal Bank. She lives in the Arenal neighborhood of the city of Cuenca. She is 32 years old, married, and she has two children who are 16 and 13 years old and who attend the city's public school. Her husband does auto body work for a living and he works in his own shop. They own their home.

Fanny takes care of the household chores and, starting four years ago, she has contributed to the household finances by working at a store where she earns a monthly salary. She works Monday through Friday from 8 o'clock in the morning until 5 o'clock in the afternoon.

She will use the money from her loan to buy materials such as paint, solder, rivets, etc. for her husband's body shop.

Her goal is to finish her house.

This time a friend of one of the members is joining them in the photo; she is the woman in the last row standing behind the woman with the tomato-colored poncho.
View original language description ↓
El banco comunal Las Optimistas está formado por 8 mujeres que viven en diferentes lugares de la ciudad de Cuenca, ciudad que es desde Diciembre de 1999 es Patrimonio Cultural de la Humanidad, se encuentra bañada por 4 ríos, es una ciudad de clima frió, tienen una geografía accidentada la cual le da el colorido de bellos paisajes. Su gente al igual que las socias de este banco comunal son personas amables, gentiles y de un gran carisma, trabajan arduamente cada día para mejorar la economía de sus hogares, son personas luchadoras que día a día trabajan para sacar adelante a sus familias.

Una der las socias de este grupo es la Señora. Fanny, este es el tercer crédito que realiza en el banco comunal Las Optimistas, vive por el sector del Arenal en la ciudad de Cuenca, tiene 32 años, es casada y en su unión conyugal ha concebido 2 hijos de 16 y 13 años de edad que estudian en un colegio de la ciudad. Su esposo es de profesión latonero (arreglo de lata de los vehículos) y labora en su propio taller, la casa en la que viven es de propia.

La Señora. Fanny se dedica a los quehaceres de su hogar y hace cuatro años apoya económicamente en su casa ya que trabaja en la atención de una tienda por lo cual le pagan un sueldo mensual, trabaja de lunes a viernes desde las 8 de la mañana hasta las 5 de la tarde.

El dinero de su crédito lo va a invertir en la compra de materiales como: pinturas, sueldas, remaches, etc. para el taller de su esposo.

Su meta es terminar su casa.

En esta ocasión nos acompaña en la foto una amiga de una de las socias, es la señora que está en la última fila parada atrás de la señora con poncho tomate.

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
  • 39
    View loans »
    Ecuador Loans Fundraising
  • $23,419,050
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Las Optimistas (Cuenca) Group's $3,550 loan helped a member to buy paint, sold, rivets, etc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 25, 2012
Listed
Nov 1, 2012
Currency Exchange Loss:
N/A
Ended:
Apr 17, 2013