Check out some available loans that are similar to this one!
Josecito De Cumbe  (Cuenca) Group
In this Group: Zoila Rosa, Gloria Janeth, Lourdes Mariela, Sandra Verónica, Rosa Francisca, Zoila María, Dolores Azunción, Rosa Elvira, Blanca Elsa, Diana Alisandra
The Josecito de Cumbe communal bank is comprised of ten members. They are friends and neighbors from the Cumbe parish in Cuenca. This place is surrounded by beautiful scenery, and its climate is cold. The parish center is a mix of ancient and modern architecture. Its residents, like our members, are nice, kind people. They are looking for the way to get their families ahead. They work in different business activities like agriculture, raising animals, and commerce. Many work in the city or have emigrated in order to look for better work opportunities. They do this in order to financially improve their households.

Blanca, age 58, is one of the members of this group. She is in a common-law marriage, and she has a 12 year old son who goes to a school in the city. Her husband is a tailor, and the house they live in is their own.

Blanca has been tending to her own store for eight years. She works from Sunday to Sunday without a fixed schedule. As her business is in her house, she has the time she needs to take care of her family. She also raises animals like guinea pigs and chickens.

She will use the loan to buy provisions for her store. Her goal is to expand her store and to make a bigger chicken coop in order to raise more of these animals.
View original language description ↓
El banco comunal Josecito de Cumbe está conformado por 10 socias quienes son amigas y vecinas de la parroquia de Cumbe en Cuenca, lugar que se encuentra rodeado de bellos paisajes, tiene un clima frió y su centro parroquial es una mezcla de la arquitectura antigua con la moderna. Sus habitantes como nuestras socias son personas amables, gentiles que siempre buscan la manera de sacar adelante a sus familias, laboran en diferentes actividades como es la agricultura, crianza de animales y comercio, muchos trabajan en la ciudad o han emigrado para buscar mejores oportunidades de trabajo con el mismo fin de mejorar la economía de sus hogares.

Una de las socias de este grupo es la señora Blanca, tiene 58 años de edad, vive en unión libre y ha concebido un hijo de 12 años que estudia en un colegio de la ciudad. Su esposo es de profesión sastre, la casa en la que vive es de propiedad conyugal.

Doña Blanca hace 8 años se dedica a la atención de una tienda que es de su propiedad, trabaja en ella de domingo a domingo sin un horario fijo, como pasa en casa en su negocio le da el tiempo necesario para cuidar de su familia y también criar animales como cuyes y gallinas.

Su crédito lo va a invertir en la compra de víveres para su tienda.

Su meta es de ampliar su tienda y también realizar un galpón de pollos más grande para crecer en la cría de estos animales.

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
  • 98
    View loans »
    Ecuador Loans Fundraising
  • $23,946,025
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Josecito De Cumbe (Cuenca) Group's $4,525 loan helped a member to buy food for her store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 30, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
N/A
Ended:
May 17, 2013