Check out some available loans that are similar to this one!
Tocte  (Cuenca) Group
In this Group: Elvira Del Jesús, María Ana, Rosa Matilde, Luis Angel, María Zoila, Flor Narcisa, María Aurora, Zoila María
Tocte is a communal bank that is made up of 7 women and 1 man who live in the outskirts of Cuenca's Jadan parish. This is a place that is surrounded by lush flora and fauna, providing beautiful landscapes. The people here work in farming and animal husbandry, and many work in the city in a variety of occupations. The people here still maintain the culture and traditions of their towns.

One of the members of this group is Maria Zoila. She has been a member of the Tocte communal bank for 4 years. Over this time, she has gotten to know her neighbors and friends better, strengthening the bonds of their friendship.

Maria Zoila is 55 years old, married, and has 7 children who are all grown. Six of her children are married and live independently. Her single son works and also lives independently. Her husband works each day in agriculture, and they live in their own home.

Maria Zoila works arduously each day on farming activities and cultivating her land. Her harvests are mainly destined for her family's consumption; if there is a surplus, then she will sell it. She also raises guinea pigs, hens, pigs and cows, and she has a business making rope.

With this new loan, she will invest in the purchase of organic fertilizer, guinea pigs, hens and pigs.

Maria Zoila's goal is to improve her pastureland and have more animals.
View original language description ↓
Tocte es un banco comunal que se encuentra formado por 7 socias y 1 socio quienes viven por los alrededores de la parroquia de Jadan en Cuenca, este lugar se encuentra rodeado por exuberante naturaleza que nos regalan hermosos paisajes. Su gente se dedican a la agricultura, crianza de animales y muchos laboran en la ciudad en diferentes actividades. Aun mantienen la cultura y tradiciones de sus pueblos.

Una de las socias de este grupo es la Señora. María Zoila, forma parte del banco comunal Tocte hace 4 años, en todo este tiempo llegado a conocer más a sus vecinas y amigas afianzando mucho más los lasos de su amistad.

La Señora María Zoila tiene 55 años, es casada y en fruto de su unión conyugal ha concebido 7 hijos quienes todos son mayores de edad, seis de sus hijos son casados y viven independientes, su hijo soltero trabaja y también vive independiente. Su esposo trabaja diariamente en la agricultura, la casa en la que vive es propia.

Ella trabaja arduamente cada día en las actividades del campo, cultiva sus terrenos y lo que cosecha es para el consumo de su hogar y si existe un sobrante lo vende. Cría y vende cuyes, gallinas, cerdos y ganado. También se dedica a la elaboración de sogas.

Su nuevo crédito lo va a invertir en la compra de abono, cuyes, gallinas y cerdos.

Su meta es mejorar sus potreros tener más 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
  • 49
    View loans »
    Ecuador Loans Fundraising
  • $23,231,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Tocte (Cuenca) Group's $2,900 loan helped a member to buy organic fertilizer, guinea pigs, chickens and pigs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 21, 2012
Listed
Feb 1, 2013
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2013