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El Cruce Hacia El Futuro  (Cuenca) Group
In this Group: Elsa Gladys, Rosa Del Cisne, Mónica Patricia, Mónica Jessenia, Jenny Elizabeth, María Del Carmen, María Eugenia, Gladis Blanca*, Narcisa Milena
* not pictured
The communal bank El Cruce Hacia el Futuro is made up of 9 women who are friends and neighbors living in the outskirts of the parish Sinincay in Cuenca. This parish has a beautiful church, delightful landscapes and many places to enjoy nature. Its people are hardworking and work in various financial activities which permit them to pay household expenses and get ahead. Charisma and joy characterize them and despite their difficulties their good humor never leaves them, and they still maintain their culture and traditions.

One of the members of this group is Mónica Patricia who is making her sixth loan together with her friends and companions from the communal bank El Cruce Hacia el Futuro. This group has found unconditional friendship among its members and good camaraderie. She lives in the El Cruce area that belongs to the parish of Sinincay.

Mónica Patricia is 36 years old. She is separated from her husband and has two children from her marriage. Her oldest daughter is 14 years old and goes to school in the city, and her younger son is one year old. She does not have her own home but lives in her mother’s home with whom she shares the household expenses.

Mónica Patricia works from Monday through Friday in an office as an assistant bookkeeper. She has been working in the job for a year, working half a day. The rest of her time she works at home breeding and selling animals such as chickens, guinea pigs and rabbits.

She will use her new loan to invest in the purchase of chickens, guinea pigs, rabbits and animal feed for the animals.

Her goal is to have her own home.
View original language description ↓
El banco comunal El Cruce hacia el Futuro está conformado por 9 mujeres quienes son amigas y vecinas, viven por los alrededores de la parroquia Sinincay en Cuenca. Esta parroquia cuenta con una hermosa iglesia, sus paisajes son encantadores ya que existen muchos lugares para disfrutar de la naturaleza. Sus habitantes son personas muy trabajadoras que laboran día a día en diferentes actividades económicas las mismas que le permiten solventar los gastos de sus hogares y salir adelante, su carisma y alegría les caracterizan ya que a pesar de sus dificultades nunca dejan su buen humor, aun mantienen viva su cultura y tradiciones.

Una de las socias de este grupo es la Señora. Mónica Patricia, está realizando su sexto crédito en conjunto con sus amigas y compañeras del banco comunal El Cruce hacia el Futuro, en este grupo ha encontrado una amistad incondicional de todas las socias y un buen compañerismo. Vive por el sector El Cruce que pertenece a la parroquia de Sinincay.

La Señora Mónica Patricia tiene 36 años de edad, está separada de marido pero en su unión conyugal ha concebido dos hijos, su primera hija tiene 14 años de edad y está estudiando en un colegio de la ciudad, su segundo hijo tiene un año de edad. No tiene casa propia por lo que vive en casa de su madre con quien comparte los gastos de la casa.

Doña Mónica Patricia trabaja de lunes a viernes en una oficina como asistente de contadores, labora en esta actividad hace un año pero solo medio día, el resto de su tiempo lo dedica a su hogar y a la crianza y venta de animales como: pollos, cuyes y conejos.

Su nuevo crédito lo va a invertir en la compra de pollos, cuyes, conejos y alimento para animales.

Su meta es tener su 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
  • 41
    View loans »
    Ecuador Loans Fundraising
  • $23,087,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of El Cruce Hacia El Futuro (Cuenca) Group's $6,550 loan helped a member to buy chickens, guinea pigs, rabbits, and animal feed.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 19, 2012
Listed
Feb 1, 2013
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2013