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Pucacruz  (Cuenca) Group
In this Group: María Rosario, María Dolores, María Transito, María Yolanda, María Angela, Rosa Patricia, Fanny Valvina, María Teresa, Lourdes Magdalena, Beatriz
“Pucacruz” is a communal bank composed of ten hardworking, tenacious women who work in different activities like raising livestock and agriculture and some work in the city. Their virtue is the joyous way they perceive life and their desire for self-improvement; they retain the culture and traditions of their peoples. They live in a sector with the same name as the communal bank that belongs to El Valle Parish in Cuenca. This parish has grown considerably thanks to commerce that increases daily. Its style of architecture is a mixture of the old and the modern; it has several places to visit and to enjoy nature in.

One of the group members is María Rosario who is taking out her second loan in this communal bank. She’s 44-year-old, married and has had ten children who are 25, 22, 19, 15, 14, 11, 9, 7 and 2 years of age. Her two oldest children are single but live independently, the next two attend school, work and help out economically, her fifth attends secondary school, four are in elementary school and her youngest is in child care. Her husband works in construction and they own the house they live in.

María Rosario has had a store for the last 22 years where she works Sunday to Sunday with no fixed schedule. She also raises pigs, guinea pigs and sheep and especially dairy cattle she gets milk from to make cheese. She also works in agriculture but what she grows is only for home consumption.

She will use the loan to buy food items for her store. Her goals are to expand the store and make home improvements.
View original language description ↓
Pucacruz es un banco comunal que se encuentra constituido por 10 mujeres luchadoras, trabajadoras que se dedican a laborar en diferentes actividades como es la crianza de animales, la agricultura y algunas laboran en la ciudad, su virtud es la alegría con la que ven la vida y sus ánimos de superación, mantienen la cultura y tradiciones de sus pueblos. Viven por el sector que lleva el mismo nombre del banco comunal que pertenece a la parroquia del Valle en Cuenca, esta parroquia ha tenido un crecimiento importante gracias al comercio que crece día a día, su estructura arquitectónica es una mezcla de lo antiguo y lo moderno, cuenta con varios lugares para visitar y disfrutar de la naturaleza.

Una de las socias de este grupo es la Señora. María Rosario, está realizando su segundo crédito en este banco comunal.

Doña María Rosario tiene 44 años, es una mujer casada y en su unión conyugal ha concebido 10 hijos de 25, 22, 19, 15, 14, 11, 9, 7, 4 y 2 años de edad, sus dos primeros hijos son solteros pero viven independientes, sus dos siguientes hijos estudian, trabajan y le ayudan económicamente, su quinto hijo estudia en el colegio, cuatro están estudiando en la escuela y su ultimo hijo ya está en guardería. Su esposo labora como albañil, la casa en la que viven es propia.

La Señora María Rosarioi tiene una tienda desde hace 22 años, en la cual trabaja de domingo a domingo sin horario fijo. Cría cerdos, cuyes, borregos y en especial ganado del cual obtiene la leche y con esta realiza quesos. También se dedica a la agricultura y lo que cosecha es solo para el consumo de su hogar.

Su crédito lo va a invertir en la compra de víveres para su tienda.

Sus metas son de agrandar su tienda y mejorar su casa.

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
  • 13
    View loans »
    Ecuador Loans Fundraising
  • $22,842,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Pucacruz (Cuenca) Group's $4,000 loan helped a member to buy foodstuffs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 11, 2013
Listed
Feb 1, 2013
Currency Exchange Loss:
N/A
Ended:
Aug 17, 2013