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Sembrando Esperanza  (Tosagua) Group
In this Group: Nanci Dolores, María Monserrate*, Alexandra Yaqueline, Nancy Monserrate, Angela Magdalena, Gema Daniela, Logia Marina, María Andrea, Gema Marina, María Elizabeth, Yesenia Alexi*, Eugenia Marilu, Tomas Geremias, Diana Amabilia
* not pictured
The communal bank "Sembrando Esperanza" [sowing hope] meets every two weeks in the Tasagua district. This place is known to be very dynamic and the majority of it's residents work in farming and in raising livestock, due to the area's large amount of vegetation.

This is a group made up of 13 women and 1 man who decided to come together and form this communal bank. It is very helpful to them, since with the loans they receive they will improve their small businesses. They work in various fields, including retail, ranching, and farming.

Eugenia lives in this place. She is 29-years-old, married (common-law), and has two children in school (9 and 5 years of age) with her husband, who is a farmer.

Eugenia is a very good wife and helps with the household expenses by raising chickens. Years ago, she built a small chicken coop that fits 200 chickens per season.

In addition, she is taking out this loan so her husband can use it in his work. He has crops of rice, corn, and peanuts and at this time needs money to buy fertilizer and insecticide in order to have a better harvest this winter. She for her part doesn't have many chickens during this time because during this time of year she loses chickens. For this reason, she doesn't take the risk. When the chickens are large she delivers them to local traders and stores.

This loan is to buy fertilizer and manure in order to have a very good harvest. She has been with this community bank since it's opening and is glad for the help that it always gives her with loans.

Her dream is that her children complete their studies.
View original language description ↓
EL Banco Comunal Sembrando Esperanza se reúne cada quince días en el cantón Tosagua, este lugar se lo conoce por ser muy dinámico donde la mayoría de sus habitantes se dedican a la agricultura y a la cría de animales, por ser una zona con gran vegetación.

Este es un grupo formado por 13 mujeres y 1 hombre que decidieron unirse y formar este Banco Comunal que les sirve de mucho ya que con los créditos ellos van mejorar sus pequeños negocios. Se dedican a diversas actividades tales como comercio, ganadería y la agricultura.

En este lugar vive la señora Eugenia, tiene 29 años de edad, mantiene una relación de unión libre y de esta relación tiene dos hijos de 9 y 7 años de edad, los mismos que estudian en escuela. Su esposo es agricultor.

Doña Eugenia es una muy buena esposa que para ayudar con los gastos del hogar se dedica a la cría de pollos para lo cual hace años atrás construyo un pequeño galpón en el cual en la actualidad mete hasta 200 pollos por temporada. También realiza el crédito para que su marido lo utilice en su trabajo, él tiene cultivos de arroz, maíz y maní y requiere en esta época de dinero para comprar abonos e insecticidas para tener una mejor cosecha en este invierno, ella por su parte en esta época no tiene muchos pollos porque en esta época por el invierno tiene perdidas y por eso no arriesga mucho, cuando los pollos están grandes los entrega a comerciantes y tiendas de la localidad.

Este crédito es para comprar fertilizantes y abonos para así obtener muy buena cosecha. Esta desde el inicio en el Banco Comunal y le gusta por la ayuda que siempre le dan con los créditos.

Su Su sueño es que sus hijos terminen sus estudios.

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
  • 45
    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 Sembrando Esperanza (Tosagua) Group's $6,600 loan helped a member buy fertilizer and manure.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 29, 2013
Listed
Mar 1, 2013
Currency Exchange Loss:
N/A
Ended:
Aug 17, 2013