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Fé Y Alegría  (Cuenca) Group
In this Group: Carmen Yolanda, Rosario Beatriz, Rosa Aurora, María Concepción, Gladys Eulalia, Paulo Cesar, Miriam Patricia, Miriam Noemi, Trancito Piedad , Mariana De Jesús
The “Fe y Alegría” communal bank is made up of nine ladies and one gentleman who work day to day in different businesses that allow them to improve their financial stability and get their families ahead. They live in Cuenca, a city bathed by four rivers, the same ones who give it the name “Santa Ana of the Four Rivers.” It’s been a World Heritage Site since December 1999. Its colonial architecture transports visitors into the past and its food is varied and captures its visitors’ pallets.

Trancito is one of the group’s members and has formed part of this communal bank for the past two years. She likes it because the bonds of friendship strengthen with each meeting.

Trancito is 45 years old, married, and has four children, ages 27, 24, 22, and 18. Her two oldest are married and live on their own. Her next youngest son works and helps her financially, and her youngest lives at home. Her husband works in the home since he’s retired. They live in a rented house.

Trancito is a hardworking, enterprising woman who prepares and sells fast food from Monday to Friday from 7:00 am to 2:00 pm. In the evenings she works as a private employee and has for eight years.

She will use the money from this loan to buy dishes and ingredents to prepare her products.
View original language description ↓
El banco comunal Fe y Alegría se encuentra constituido por 9 socias y 1 socio quienes día a día trabajan en diferentes actividades económicas las mismas que les permiten mejorar su estabilidad económica y sacar adelante a sus familias. Viven en la ciudad de Cuenca, esta ciudad se encuentra bañada por 4 ríos los mismo que le dan el nombre la Santa Ana de los 4 ríos, es desde Diciembre de 1999 Patrimonio Cultural de la Humanidad, su arquitectura colonial le traslada a quienes la visitan al pasado, su gastronomía es muy variada y cautiva el paladar de sus visitantes.

Una de las socias de este grupo es la Señora. Trancito, forma parte de este banco comunal desde hace 2 años, le gusta la banca comunal porque en cada reunión se unen cada vez los lasos de amistad con todas las socias.

La Señora. Trancito tiene 45 años, es casada y fruto de su unión conyugal ha concebido 4 hijos de 27, 24, 22 y 18 años de edad, sus dos primeros hijos son casados y viven independientes, su tercer hijo trabajo y le ayuda económicamente, su último hijo pasa en casa. Su esposo labora en su hogar ya que se encuentra jubilado, no tienen casa propia por lo que viven arrendando.

Doña Trancito es una mujer luchadora y emprendedora ya que hace 3 años trabaja en la preparación y venta de comida, labora de lunes a viernes desde las 7 de la mañana hasta las 2 de la tarde, por las tardes trabaja como empleada privada desde hace 8 años.

Su crédito lo va a invertir en la compra de una vajilla y víveres para la realización de sus productos.

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
  • 58
    View loans »
    Ecuador Loans Fundraising
  • $23,551,600
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Fé Y Alegría (Cuenca) Group's $6,600 loan helped a member to buy dishes and ingredents.
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