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Cashaloma  (Nabón) Group
In this Group: Narcisa De Jesús, María Carmita, Carmen Esperanza, María Encarnación, Blanca Lucia, Rosa Gladys, Kleber Euclides, Pedro Remigio, Emeterio, Mariana De Jesús
Cashaloma is a communal bank that is made up of 7 women and 3 men who are neighbors and friends. They live in the same community and now have come together to obtain a loan in order to increase their agricultural production. They also raise animals and many work in the city in various economic activities. They still maintain the culture and traditions instilled in them by their parents. They live by the canton of Nabón, a place that is surrounded by mountains with a rugged terrain and beautiful scenery that are peaceful and relaxing alternative to the city routine. Its architecture transports us to the past.

One of the members of the group is Ms. Blanca. She lives near the Ramada community which belongs to the Nabón canton. She is a 34 year old single mother of 4 children aged 17, 9, 7 and 5. Her first child is in high school and her three other children study in the local school. The house in which they live is the fruit of her labor.

Ms. Blanca is a fighter who despite adversity always looks for a way to get ahead in order to give her children a better future. She breeds animals such as: sheep, guinea pigs, pigs, chickens and cattle. She is also engaged in agriculture, planting corn, beans, peas and potatoes. She sells these products in her community and in the city, and she also consumes them at home. In her free time, she makes polleras (a typical skirt), shawls and sweaters, an activity which she learned by skill.

She will invest her loan to purchase seeds, fertilizer and fabrics to continue with her business activities.

Her goal is to cultivate more land.
View original language description ↓
Cashaloma es un banco comunal que está formando por 7 socias y 3 socios quienes son vecinas y amigas, viven en una misma comunidad y ahora se han unida para obtener un crédito y así poder incrementar su producción agrícola, también laboran en la cría de animales y muchos laboran en la ciudad en diferentes actividades económicas, aun mantienen la cultura y tradiciones inculcadas por sus padres. Viven por el cantón de Nabón lugar que se encuentra rodeado por montañas gracias a su geografía accidentada con hermosos paisajes para tener paz y relajación fuera de la rutina de la ciudad, su arquitectura nos traslada a tiempos pasados.

Una de las socias de este grupo es la Señora. Blanca, vive por la comunidad de la Ramada perteneciente al cantón Nabón, tiene 34 años de edad, es madre soltera y ha concebido 4 hijos de 17, 9, 7 y 5 años de edad, su primer hijo estudian en el colegio y sus tres hijos estudian en una escuelita de la localidad, la casa en la que vive es el fruto de su trabajo.

Doña Blanca es una mujer luchadora que a pesar de las adversidades siempre está buscando la manera de salir en adelante para darles a sus hijos un mejor futuro. Ella se dedica a la cría de animales como: borregos, cuyes, cerdos, gallinas y ganado, también se dedica a la agricultura, siembra maíz, frejol, arvejas y papas, estos productos los vende en su comunidad o en la ciudad y también son para el consumo de su hogar. En su tiempo libre elabora polleras (vestimenta típica), chales y chompas actividad que aprendió por habilidad.

Su crédito lo va a invertir en la compra de semillas, abono y telas para continuar con estas actividades económicas.

Su meta es tener más terrenos cultivados.

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
  • 33
    View loans »
    Ecuador Loans Fundraising
  • $23,448,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Cashaloma (Nabón) Group's $3,350 loan helped a member to purchase seeds, fertilizer and fabrics.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 2, 2012
Listed
Nov 1, 2012
Currency Exchange Loss:
N/A
Ended:
Apr 17, 2013