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Futuro De Vida  (Cuenca) Group
In this Group: María De Lourdes, María Angelina, Diana Elizabeth, Livia Natividad, Laura Victoria, Angel Mauricio, Diana Alexandra, Eva Alejandrina
The membership of the “Future of Life” communal bank consists of 7 women and 1 man. They live around Cuenca, a city with a cold climate. Its rugged geography offers beautiful vistas and since December 1999, it has been officially a part of the “Cultural Patrimony of Humanity.” Teh inhabitants are kind and gentle, as are the members of this communal bank, who work daily to improve the economic situation of their families, while keeping alive the call of their culture and traditions which their parents inculcated in them.

One member of the group is Livia, who is requesting her 6th loan with her bank. She lives in the Monay sector of Cuenca city, is 39 years old, and separated from her husband. But the fruit of their conjugal union is 6 children, ages 20, 18, 17, 14, 10 and 7. Livia's 1st daughter and 3rd son study and also work to help cover household expenses. Her 2nd daughter is married and lives independently. Livia's 3rd son remains at home, assisting with household chores, while the 2 youngest children are studying at a little school in the city. The house they live in is the fruit of their labor.

Livia cleans houses, working without a fixed schedule, since her work ends when the houses are cleaned. Also, she raises chickens. Livia began this activity with her 1st loan through her communal bank. She sells the chickens either live or butchered.

Livia's loan will be invested in purchasing chickens to continue expanding the business.

Livia's goal is to finish her house, since some sections are not yet completed.
View original language description ↓
El banco comunal Futuro de vida está formado por 7 socias y 1 socio quienes viven por los alrededores de la ciudad de Cuenca, ciudad de clima frió, su accidentada geografía nos regala hermosos paisajes y es desde Diciembre de 1999 Patrimonio Cultural de la Humanidad. Su gentes es amable y gentil al igual que las socias de este banco comunal quienes trabajan día para mejorar la situación económica de sus familias, mantienen viva la llama de la cultura y tradiciones que un día sus padres les inculcaron.

Una de las socias de este grupo es la Señora. Livia, se encuentra realizando el sexto crédito en el banco comunal Futuro de Vida, vive por el sector de Monay en la ciudad de Cuenca, tiene 39 años, está separada de su esposo pero fruto de su unión conyugal ha concebido 6 hijos de 20, 18, 17, 14, 10 y 7 años de edad, su primera hija y tercer hijo estudian y trabajan para ayudar a solventar los gastos de la casa, su segunda hija es casada y vive independiente, su tercer hijo pasa en casa ayudando en los quehaceres del hogar y sus dos últimos hijos están estudiando en una escuelita de la ciudad. La casa en la que vive es fruto de su trabajo.

Doña Livia se dedica al arreglo de casas, trabaja sin un horario fijo ya que su trabajo se acaba cuando las casas están arregladas, también se dedica a la crianza de pollos, esta actividad la inicio con el primer crédito que realizo en la banco comunal, estos animalitos los vende en pie o pelados.

Su crédito lo va a invertir en la compra de pollos para seguir creciendo en este negocio.

Su meta es terminar su casa ya que aun le hacen falta algunos acabados.

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
  • 72
    View loans »
    Ecuador Loans Fundraising
  • $23,912,400
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Futuro De Vida (Cuenca) Group's $3,975 loan helped a member to buy chickens to raise and sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 28, 2012
Listed
Nov 1, 2012
Currency Exchange Loss:
N/A
Ended:
Apr 17, 2013