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El Mirador  (Cuenca) Group
In this Group: Silvia Marlene, Zoila Silvana, María Cecilia, Paola Alexandra, Blanca Elvira*, Blanca Esmeralda, Patricio Antonio, Miriam Verónica, Mayra Johanna*, Martha Irene, Sonia Soledad, Luisa Catalina
* not pictured
“El Mirador” is a communal bank made up of eleven women and one man. Most of them live in the Turi parish in Cuenca. They have a close friendship and are now in search of a common goal so that they can come out ahead with their families. They all maintain their culture and traditions. Turi is a tourist area known as the gazebo of the city, and from there one can see a large part of the city of Cuenca. Its people are special and work as merchants, farmers, and raise livestock.

María Cecilia is one of the women who form part of the “El Mirador” communal bank. She is 48 years old and joined three years ago. She’s married and has five children. One of her daughters is married and lives on her own. Two of her sons study at university and work and help her financially. Another daughter attends the local school. Her husband is a driver and works for a private company. The home they live in is the fruit of their labor.

María Cecilia has had her own business for 11 years. She makes lunches and has select customers. In her free time she knits wool sweaters and sells them to friends and family. These activities allow her to cover her household expenses.

She will use the money from this loan to buy chickens for a new business she will set up. Her goal is to finish building her house.

One of the member’s daughters is also in the picture. She’s wearing grey and white.
View original language description ↓
El Mirador es un banco comunal conformado por 11 mujeres y 1 hombre, en su mayoría viven por la parroquia de Turi en Cuenca, tienen una estrecha amistad y ahora están en busca de una meta en común la cual es salir adelante con sus familias, aun conservan su cultura y tradiciones. Turi es un lugar turístico reconocido como el Mirador de la ciudad ya que desde allí se puede observar gran parte de la ciudad de Cuenca, su gente en especial se dedica al comercio, crianza de animales y a la agricultura.

Una de las socias de este grupo es la Señora. María Cecilia, forma parte del banco comunal El Mirador hace 3 años, tiene 48 años de edad, está casada y ha concebido 5 hijos, una de sus hijas es casada y vive independiente, dos de sus hijos estudian en la universidad, trabajan y le ayudan económicamente, una hija también estudia en la universidad y su ultimo hijo estudia en una escuelita de la localidad. Su esposo es de profesión chofer y labora prestando sus servicios en una empresa privada, la casa en la que viven es el fruto del trabajo conyugal.

Doña María Cecilia desde hace 11 años trabaja en su propio negocio, ella se dedica a la preparación de viandas (almuerzos) y cuenta con una selecta clientela, en sus tiempos libres se dedica a tejer chompas de lana las mismas que las vende a sus conocidas y familiares. Estas actividades le permiten solventar algunos de los gastos de su hogar.

Su nuevo crédito lo va a invertir en la compra de pollos ya que es nuevo negocio que va a emprender.

Su meta es terminar su vivienda.

Por esta ocasión en la foto esta la hija de una de las socias, la chica esta con una chompa gris con blanco

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
  • 16
    View loans »
    Ecuador Loans Fundraising
  • $22,831,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of El Mirador (Cuenca) Group's $5,250 loan helped a member to buy chickens.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 22, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
N/A
Ended:
Aug 17, 2013