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Las Comerciantes  (Cuenca) Group
In this Group: Norma Catalina, Miriam Marlene, Ana Lucia*, Gerardina, Mónica Beatriz, Transito Guadalupe*, Gloria Esperanza, María Dolores, Ana Lucia, Rosa Alicia
* not pictured
The “Las Commerciantes” communal bank is made up of 10 ladies who sell various types of merchandise. The all work in the city market and offer their products to their customers on a daily basis. Their collective goal is to get their families ahead and provide their children with a better future.

They live in different parts of the city of Cuenca; this city has a cold climate and its varying geography makes this a beautiful city. It’s been designated as a World Heritage Site since 1999 and its people maintain their culture and traditions.

Geranrdina is one of its members and this is her third loan through “Las Comerciantes.” She is 50 years old, married, and has two children, one of whom is married and on his own. Her youngest son is 13 years old and attends a local school. Her husband works as a private employee. They live in a rented house.

Gerardina is a merchant who has been selling clothing for 10 years, but only on days when there is a fair in town. She spends the rest of the time caring for the family at home.

She will use the money from this loan to buy clothing to increase the amount of merchandise. Her dream is to have a home of their own.
View original language description ↓
El banco comunal Las comerciantes está conformado por 10 mujeres quienes se dedican a la venta de diferentes mercaderías, todas trabajan en un mercado de la ciudad y día a día ofrecen sus productos a sus clientes, sus metas son sacar adelante a sus familias y darles un mejor futuro a sus hijos. Viven por diferentes lugares de la ciudad de Cuenca, esta ciudad cuenta con un clima frió, su geografía accidentada la hace una ciudad hermosa, es Patrimonio Cultural de la Humanidad desde Diciembre de 1999, su gente es amable, gentil y aun mantienen la cultura y tradiciones de sus pueblos.

Una de las socias de este grupo es la Señora. Gerardina este es el tercer crédito que realiza en el banco comunal Las Comerciantes. Tiene 50 años de edad, es casada y en su unión conyugal ha concebido dos hijos, uno de sus hijos es casado y independiente, su segundo hijo que tiene 13 años estudia en un colegio de la ciudad. Su esposo labora como empleado privado, no tienen casa propia por lo que viven arrendando.

Doña Gerardina es comerciante, se dedica a la venta de ropa desde hace 10 años, vende solo los días que hay de feria en la ciudad, los demás días pasa en su casa y se dedica al cuidado de su familia.

Su crédito lo va a invertir en la compra de ropa para incrementar su mercadería.

Su sueño es tener una casa propia.

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
  • $22,524,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Las Comerciantes (Cuenca) Group's $4,200 loan helped a member to buy clothing,.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 28, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
N/A
Ended:
Jun 17, 2013