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Unión Y Prosperidad  (Cuenca) Group
In this Group: María De Lourdes, Silvia Margarita, María Flora, Manuel Francisco, Silvia María, Manuel Olegario, Livia Adelina, Wilson Alcides
'Unión y Prosperidad' is a communal bank made up of friends and family members who have good relationships and bond more and more with every meeting. They are hard-working, kind, and friendly people with big hearts. They still maintain their culture and traditions. They work in various areas but the majority work in the fields in agriculture or raising animals. This allows them to improve their economic stability. They live in the Zhidmad parish in Cuenca, an area with great natural beauty. There one can enjoy harmony with nature thanks to the fields that are green with vegetation.
One of the group members is Señora Silvia María. She is 53, married, and has five children. Three of her children are married and live independently. Her two single children work and help her economically. Her husband works as a sawyer (he cuts trees for making boards). They own their own home.
Silvia María cares for their home and works in agriculture. She raises sheep, hens, and cattle. She sells her cows' milk. She sells her other animals when she has need. She also farms for her household's consumption, and if they have anything left over she sells it.
She will invest this new loan in the purchase of livestock.
Her goal is to have more animals to raise.
The small inserted photo is of two members who were not able to be present when the group photo was taken.
View original language description ↓
Unión y Prosperidad es un banco comunal está formado por amigos y familiares quienes tienen una buena relación y en cada reunión estrechan aun mas sus lasos de amistad, son personas trabajadoras, amables, gentiles y de un gran corazón quienes aun mantienen su cultura y tradiciones, laboran en diferentes actividades pero en especial del campo como es la crianza de animales y la agricultura lo que le permiten mejorar su estabilidad económica. Viven por la parroquia de Zhidmad en Cuenca lugar que goza de una gran belleza natural y se puede disfrutar de la armonía de la naturaleza gracias a sus campos de verde vegetación.

Una de las socias de este grupo es la Señora. Silvia María, tiene 53 años de edad, es casada y en su unión conyugal ha concebido 5 hijos, tres de ellos son casados y viven independientes y sus dos hijos solteros trabajan y le ayudan económicamente. Su esposo labora como aserrador (se dedica a la tala de árboles para la elaboración de tablas), la casa en la que viven es de su propiedad.

La Señora. Silvia María se dedica al cuidado de su hogar y al trabajo del campo, cría borregos, gallinas y ganando del cual vende la leche, sus otros animales los vende cuando tiene alguna necesidad económica,también se dedica a la agricultura y lo que cosecha es para el consumo de su hogar y si existe un sobrante lo vende.

Su nuevo crédito lo va a invertir en la compra de ganado.

Su meta es tener más animales para la cría.

La foto pequeña es de dos socios que pudieron estar presentes cuando se tomo la foto del grupo.

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
  • 18
    View loans »
    Ecuador Loans Fundraising
  • $22,607,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Unión Y Prosperidad (Cuenca) Group's $3,550 loan helped a member to buy livestock.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 10, 2012
Listed
Feb 1, 2013
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2013