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La Florida  (Cuenca) Group
In this Group: María Lastenia, María Angelita, Ruth Angelita, Janneth Aracely, Ana Cristina, Carlos Santiago*
* not pictured
The “La Florida” communal bank is made up of five ladies and one gentleman who live in the “la Católica” area of the city of Cuenca. This city has been a World Heritage site since December of 1999. Its colonial architecture is all over the city and it’s bathed by four rivers. Its food captures the pallet of all who visit. Its people have warm hearts and all the members of this group are hardworking people who improve the economic stability of their homes and move their families ahead.

Ruth is one of the group’s members and has great charisma, happiness, and gentility. She’s been a member of “La Florida” for two years. She likes the communal bank because of the camaraderie and unity of the group. She lives in the center of Cuenca.

Ruth is 48 years old, married, and has two children, ages 27 and 26. Both work and help her financially. Her husband works for a private company and they live in a home of their own.

Ruth works Monday through Saturday from 7:00 am to 7:00 pm in a restaurant that she runs with her sister. She cares for her granddaughter in her spare time.

She will use the money from this loan to buy tables, chairs, and food.

Her goal is to expand her business much more.
View original language description ↓
El banco comunal La Florida está constituido por 5 socias y 1 socio quienes viven por el sector de la ciudadela la Católica en la ciudad de Cuenca, esta ciudad es desde Diciembre de 1999 Patrimonio Cultural de la Humanidad, su arquitectura colonial resalta en toda la ciudad, esta bañada por 4 ríos, su gastronomía cautiva el paladar de todos quienes la visitan. Su gente es de un corazón cálido al igual que todas las socias de este grupo quienes son mujeres trabajadoras, luchadoras que con su trabajo diario mejoran la estabilidad económica de sus hogares y sacan adelante a sus familias.

Una de las socias de este grupo es la Señora. Ruth, es una socia de un gran carisma, alegre y gentil que forma parte del banco comunal La Florida desde hace 2 años, le gusta el banco comunal por el compañerismo y la unión del grupo, vive por el centro de la ciudad de Cuenca.

La Señora. Ruth tiene 48 años de edad, está casada y en su unión conyugal ha concebido 2 hijos de 27 y 26 años que trabajan y le ayudan economícamente. Su esposo labora como empleado privado, la casa en la que viven es de propia.

Doña Ruth trabaja de lunes a sábados desde las 7 de la mañana hasta las 7 de la noche en un salón de comida que es un negocio en sociedad con su hermana, en sus tiempos libres se dedica a cuidar de su nieta.

Su crédito lo va a invertir en su negocio ya que va a comprar mesas, sillas y víveres.

Su meta es agrandar mucho más su negocio.




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
  • 68
    View loans »
    Ecuador Loans Fundraising
  • $23,510,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of La Florida (Cuenca) Group's $1,450 loan helped a member to buy tables and chairs.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 11, 2013
Listed
Feb 1, 2013
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2013